Though DeepSeek may have caused panic among tech investors this week, Meta executives told staff on Thursday that the Chinese ...
DeepSeek’s AI disrupts industry, causing Nvidia’s $600B plunge. AI investments surge: SoftBank backs Skild AI, ElevenLabs raises $250M, and Infinite Reality buys Obsess.
The assertions about DeepSeek have sparked concerns over the eyewatering sums tech giants are spending on AI — but many ...
Chinese startup DeepSeek claims to offer competitive AI models at lower costs, raising doubts about U.S. tech giants’ ...
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country's ...
Chinese AI shooting star DeepSeek has made headlines for its R1 chatbot’s supposed low cost and high performance, but also ...
That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...