Microsoft, Meta CEOs defend hefty AI spending
More than 4 million advertisers are now using the company’s generative AI offerings while Meta is working to streamline its Advantage+ ad products.
Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.
Meta is now spending tens of billions on AI, and there is a war going on between the Big Caps on who can pour the most money into AI. DeepSeek also didn’t hurt Meta as much, and the recent full-year ...
The Manila Times on MSN6h
Meta posts big profit, aims to take AI leadSocial media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...
Meta Platforms reported fourth-quarter earnings that topped analysts' estimates as revenue grew more than 20% year-over-year.
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.
Alibaba says the latest version of its Qwen 2.5 artificial intelligence model can take on fellow Chinese firm DeepSeek's V3 ...
Mark Zuckerberg has long championed Meta Platforms Inc.’s open-source approach to artificial intelligence software — which ...
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