Meta CEO Mark Zuckerberg said in Wednesday’s earnings call that the rapid rise of new competitors from China has only bolstered the tech giant’s commitment to its AI ambitions as it spends billions on the emerging tech.
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
Meta Platforms unveiled plans to make artificial intelligence more personalized this year, and Microsoft predicted “exponentially more demand" for AI products.
Meta shares were flat after the market closed but rose as CEO Mark Zuckerberg spoke optimistically about Meta's AI initiatives and how the launch of Chinese company DeepSeek's models, which tanked global markets this week, reinforced his conviction that open source AI is the right strategy.
Latest earnings for four Magnificent Seven stocks are announced this week. Tesla shares fall then rebound after earnings miss
Amid DeepSeek mania, tech giant Meta’s CEO Mark Zuckerberg has vowed to spend “hundreds of billions of dollars” in AI over the long term.
Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns about rising AI costs in the US.
Meta CEO Mark Zuckerberg praised President Donald Trump's new administration, saying it was nice to have leaders who are "proud" of Big Tech.
Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won’t likely curb Meta’s AI spending.
KENNEDY CENTER: Robert F. Kennedy Jr. sought to backpedal from many of his past positions in his Senate confirmation hearing today to become HHS secretary, but he faced tough questions from Democrats and some Republicans who weren’t ready to forget.
Zuckerberg is reportedly on the hunt for a home in the capital city to get even closer to Trump. Two people familiar with the matter told the Financial Times that Zuckerb
On Meta's earnings call, Mark Zuckerberg said this will be a "big year" for redefining the company's relationship with the federal government.