CFO Susan Li said most of this spending will support both generative AI initiatives and Meta's core business. Microsoft CEO Satya Nadella highlighted AI's growing role, calling Azure the ...

Business leaders are reacting to DeepSeek's rise, which sent US tech stocks tumbling.Intel's former CEO said DeepSeek would expand the AI market instead of diminishing it.Meta promised a new "leading ...

Silicon Valley needs to respond to Wall Street about AI when it reports quarterly results, but it doesn’t need to panic.

India will launch its large language model this year, union minister Ashwini Vaishnav announced on Thursday. This and more in todays ETtech Top 5.

Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.

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

Microsoft highlighted the expansion of its artificial intelligence division, which generated $13 billion in sales annually.

To ensure the financial services giant thrives for another 145 years, the EVP and CIO stresses the importance of a ...

Microsoft Chief Executive Satya Nadella and Meta CEO Mark Zuckerberg said in earnings calls that DeepSeek had made real innovations. But the two portrayed the Chinese company’s work as part of a ...

Chinese rivals have recently claimed to produce competing AI technologies at lower costs than U.S. rivals, sparking fears of ...

The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.

Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that hampered the tech ...