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Meta defends $65bn AI spend
Mark Zuckerberg reveals thoughts on DeepSeek as Meta’s AI spending under scrutiny
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.
Microsoft, Meta CEOs Defend Hefty AI Spending After DeepSeek Stuns Tech World
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.
Meta defends $65bn AI spend after DeepSeek rise
Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake of Chinese AI app DeepSeek's sudden rise. Chief executive Mark Zuckerberg said to investors on Wednesday there was a lot to learn from DeepSeek,
Zuckerberg Says DeepSeek ‘Strengthened Our Conviction' as Meta Spends Big on AI
Key Takeaways Meta CEO Mark Zuckerberg said Wednesday’s that the rapid rise of competitors from China has only strengthened the tech giant’s commitment to its AI ambitions. The CEO said it’s too early to know how growing competition from China could impact its future investments.
Meta, Q4
Meta Reports Strong Q4 Earnings but Offers Cautious Revenue Outlook
Meta Platforms Inc. (NASDAQ:META) exceeded Wall Street expectations with its fourth-quarter earnings but issued a revenue forecast for Q1 2025 that slightly missed analyst estimates. For Q4 2024, Meta reported earnings
Meta blows past Q4 earnings expectations, focuses on personalized AI for 2025
Meta's Q4 2024 earnings are solid, with increased user growth and ads driving strong revenue, with an increased focus on AI in 2025.
Key takeaways from Meta's Q4 earnings after beat, light guidance
Meta Platforms stock (NASDAQ:META) rose fractionally in the immediate aftermath of the company's fourth-quarter earnings report, where the company topped forecasts for revenues, profit and users, but issued soft revenue guidance for the current quarter.
Meta agrees to pay $25M to settle lawsuit from Trump
Meta to Pay $25 Million to Settle Trump's 2021 Lawsuit Over Suspended Accounts
Discussions about the lawsuit, which had not gotten very far since the fall of 2023, started again after Meta CEO Mark Zuckerberg visited Trump's Florida Mar-a-Lago club for a din
Meta to pay Trump $25m to settle lawsuit over ban
US President Donald Trump has signed a legal settlement that will see Facebook and Instagram owner Meta pay him roughly $25m (£20m). Trump sued the social media giant and its chief executive, Mark Zuckerberg, in 2021 over the suspension of his accounts after the 6 January Capitol riots that year.
Meta to pay $25 million to settle Donald Trump lawsuit, Zuckerberg hails administration
The suit was brought after Facebook, among other social media platforms, suspended Trump's account following the Jan. 6 insurrection that attempted to overthrow the 2020 election.
PCMag on MSN
1d
Meta AI Can Now 'Remember' What You Tell It Across Apps
Meta AI will curate responses based on the information you've supplied across Facebook, Instagram, Messenger, and WhatsApp, ...
8h
on MSN
Meta Reports Record Profit, Sales in Q4 Blockbuster
Revenues: $48.4 billion, up 21% year-over-year. Meta’s Q4 sales from Zack’s Investment Research estimated revenues of $47 ...
Futurism on MSN
1d
Zuckerberg Convening Huge "War Rooms" to Figure Out How a Chinese Startup Is Annihilating Meta's AI
Mark Zuckerberg' Meta assembled several"war rooms" of engineers, as The Information reports, in an attempt to get ahead of ...
1d
Meta to announce Q4 earnings amid AI spending spree
Shares of Meta are up 65% over the last 12 months.
5d
Meta to begin testing ads on Threads, its microblogging app
Meta will begin testing ads on its Threads microblogging service with a few companies in the U.S. and Japan, the company said ...
Your Story
3h
Meta’s Q4 earnings soar as CEO Zuckerberg hints at a ‘really big year’
Meta concluded FY24 with $164.5 billion in revenue—a 22% annual growth, and a net profit of $62.4 billion—a 59% increase from ...
2d
Meta Wants To Leverage TikTok Ban Threat to Promote Instagram On Other Social Media, Offers Cash Deals
Meta Platforms Inc is promoting Instagram by exploiting the absence of TikTok download option from Apple and Google stores.
2d
Meta AI updated with new memory & personalized features
Meta is rolling out improvements to Meta AI, including the added memory feature, enabling the chatbot to remember details ...
2d
on MSN
Meta AI can now use your Facebook and Instagram data to personalize its responses
Meta says it is rolling out improvements to Meta AI, including the ability to tap profile data from Meta's various apps.
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