Tesla, Meta, Microsoft, IBM and BT
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Meta’s recent strength stands in contrast to Microsoft Corp., which has seen its shares falter on concerns about heavy AI spending — including its stake in OpenAI, a key competitor to DeepSeek.
Judge halts Trump’s spending freeze as agencies see chaos, Starbucks beats expectations as turnaround campaign continues, and ...
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 ...
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty AI ...
Alibaba says the latest version of its Qwen 2.5 artificial intelligence model can take on fellow Chinese firm DeepSeek's V3 ...
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