Earnings for Amazon stock are due Feb. 6 and management will likely comment on the sudden emergence of DeepSeek.Controlled by Chinese hedge fund High Flyer, DeepSeek competes with U.S. companies like ...

The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.

Meta Platforms plans to spend between ... tens of billions of dollars to develop AI-related infrastructure after the meteoric success of OpenAI's ChatGPT highlighted the potential for the technology.

Meta is slated to report fourth-quarter earnings on Wednesday after the close of regular trading. Meta shares are up over 11% since Oct. 30, when it reported third-quarter earnings and said it would ...

This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore ...

The generative AI market includes OpenAI and Anthropic, as well as Amazon, Google, Microsoft (MSFT), and Meta. Google is investing a further $1B into OpenAI competitor Anthropic, The Financial ...

Meta has announced plans to invest up to $65bn this year to expand its AI infrastructure. In a Facebook post, Meta chief executive officer Mark Zuckerberg said: "This will be a defining year for AI.

A new Chinese AI model, created by the Hangzhou-based startup DeepSeek, has stunned the American AI industry by outperforming some of OpenAI ... when Google, Meta, Microsoft, Amazon and dozens ...

A prominent player in the field has been OpenAI ... (recent headcount cuts), we remain positive on the stock in 2025”. Overall, META ranks 1st on our list of top trending AI stocks on Wall ...

Big technology firms have been investing tens of billions of dollars to develop AI infrastructure after the success of OpenAI's ChatGPT. Meta's announcement ... while Amazon.com has said its ...

As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a ...