That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...

Chinese AI shooting star DeepSeek has made headlines for its R1 chatbot’s supposed low cost and high performance, but also ...

DeepSeek. Now Tech giants Meta and Microsoft are justifying large AI investment amid questions raised by DeepSeek over how much it costs to train cutting-edge models.

Recently, DeepSeek stated that its models match or surpass its main American rivals at a fraction of the cost, including Meta ...

DeepSeek news earlier in the week spooked many investors in the AI trade, with many related stocks taking nosedives as a result. DeepSeek is a Chinese artificial intelligence startup that develops ...