Microsoft, Meta back big AI spending despite DeepSeek's low costs
(Reuters) -Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the U.S. technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to ...
Silicon Valley leaders from Sam Altman to Satya Nadella react to their new rival DeepSeek
Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market ...
CNBC's Inside India newsletter: How China’s DeepSeek could benefit India
DeepSeek-R1, developed by a Chinese AI lab, is potentially highly competitive and shockingly cost-effective, and could be a boon to the Indian IT sector.
Celestica Shares Rally on 4Q Beat, Rosy Outlook
Fourth-quarter earnings per share rose to $1.29 from 77 cents last year. On an adjusted basis, earnings were $1.11 a share, beating both its own guidance of between 99 cents and $1.09 as well as Wall ...
Why Microsoft Stock Is Sinking After Earnings
Microsoft is the worst Dow Jones stock Thursday as the tech giant's soft outlook offsets an earnings beat. Here's what you need to know.
How a Chinese start-up’s low-cost AI is unsettling Silicon Valley – The Front Page
Silicon Valley’s been rattled by a low-cost Chinese AI – with the start-up claiming its DeepSeek technology can emulate the performance of ChatGPT, at a fraction of the cost. Its launch shook share ...