"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Mark ...

Key Takeaways Microsoft, Meta, and IBM all highlighted healthy growth in their AI businesses in the last three months of 2024 ...

Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak ...

Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s ...

(Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in ...

Microsoft has earmarked US$80 billion ($128 billion) for AI in its current fiscal year, while Meta has pledged as much as ...

Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.

The CEOs of the two companies said the massive AI spending was crucial to staying competitive in the new field ...

Microsoft shares fell 3.5 per cent in premarket trading on Thursday after the company issued a downbeat forecast for its ...

Gift Nifty indicated a muted start for the Indian stock market indices. Asian markets dipped, while the US stock market ended ...

Chinese state-linked social media accounts amplified narratives celebrating the launch of Chinese startup DeepSeek's AI ...

Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...