Mark Zuckerberg: DeepSeek shows why U.S. must be AI’s ‘global open source standard’; no reason to rethink spending
The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's DeepSeek raises questions about the costs of the AI arm's race.
Pivotal Research lifts Meta Platforms price target to $875
Pivotal Research updated its outlook on Meta Platforms Inc. (NASDAQ: NASDAQ:META), raising the price target to $875 from the previous $800 while maintaining a Buy rating on the company's shares.
Mark Zuckerberg downplays DeepSeek’s disruption, defends Meta’s massive AI investment
While DeepSeek has caused a significant sell-off in AI stocks due to fears that powerful AI models may no longer require ...
Why Chinese tech firm DeepSeek's 'Open AI' should terrify Sam Altman
DeepSeek was founded by a hedge fund entrepreneur named Liang Wenfeng, who pulled together his former employees and dozens of ...
India Today1h
Mark Zuckerberg says Meta will continue to spend billions on AI despite panic over DeepSeek
Meta's CEO Mark Zuckerberg has confirmed that the company will continue to invest heavily in Artificial Intelligence (AI), ...
China’s DeepSeek model is a major advance in AI technology
DeepSeek, a startup company based in Hongzhou China, released its newest artificial intelligence model, DeepSeek R1. Within ...
cryptopolitan4h
Low sales threaten Meta’s AI investments amid $25m Trump settlement
Meta Platforms expects its sales in the first quarter of 2025 to be around $39.5 billion. The figures fall short of the $41.7 ...
Meta crushes Wall Street’s profit targets as Zuckerberg dismisses DeepSeek threat
This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore ...
Ex-Google, Apple engineers launch unconditionally open source Oumi AI platform that could help to build the next DeepSeek
Existing open-source AI approaches are still not entirely open, which is a challenge that former Google and Apple engineers alongside a coalition of 13 universities are looking to solve.
MoneyWeek8h
Big tech earnings: Live updates as Tesla misses expected earnings
Latest earnings for four Magnificent Seven stocks are announced this week. Tesla shares fall then rebound after earnings miss ...
Digital Insurance10hOpinion
What does DeepSeek shake up mean for life insurance?
DeepSeek V3, released in December 2024, was a "standard" language model akin to OpenAI's GPT-4. In contrast, the recently ...
Why blocking China's DeepSeek from using US AI may be difficult
Top White House advisers this week expressed alarm that China's DeepSeek may have benefited from a method that allegedly ...