By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 4% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 2% ...
The bullish projection about the company's AI future sent shares in the company spiking by as much as five percent in after hours trading.
Meta Platforms unveiled plans to make artificial intelligence more personalized this year, and Microsoft predicted ...
Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.
Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still ...
Amid DeepSeek mania, tech giant Meta’s CEO Mark Zuckerberg has vowed to spend “hundreds of billions of dollars” in AI over ...
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Infrastructure and compensation will be some of the biggest expense drivers for 2025 at Meta, according to its 2024 financial ...
Mark Zuckerberg says it’s too soon to assess DeepSeek’s impact but insists Meta will keep investing heavily in AI innovation.
US President Donald Trump has signed a legal settlement that will see Facebook and Instagram owner Meta pay out roughly $25m.
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg exuded confidence in his company’s artificial intelligence ...
It took less than two years for Nvidia to add more than $3 trillion in market value and become Wall Street's most-valuable publicly traded company. However, the arrival of DeepSeek reminds investors ...