DeepSeek launch rattles tech stocks with Microsoft, Meta earnings on deck
DeepSeek's large-language-model launch could wipe nearly $1 trillion in market value from the biggest U.S. tech companies.
Stock Market Updates: Nvidia, Meta Microsoft Hit by Fears Over Chinese AI Rivals
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor ...
2025 Layoffs: Meta, Microsoft, And BlackRock Join The Trend Amid AI Shift
While workforce cuts raise concerns, the tech sector is poised for significant growth, with jobs in big data, fintech, and AI ...
Meta to invest up to $65bn in AI infrastructure expansion
Zuckerberg anticipates that Meta's AI assistant will serve more than 1 billion people in 2025, up from approximately 600 ...
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Tech shares knocked by shock rise of Chinese AI chatbot DeepSeek
The Chinese app has soared to the top of app store charts and claims to match ChatGPT’s performance in some tasks.
Microsoft creates new AI engineering group led by former Meta executive
Microsoft is creating a new engineering group that’s focused on artificial intelligence. Led by former Meta engineering chief ...
AI Investment Comes Into Focus for Microsoft, Meta, Tesla, and Apple
The surge in Chinese AI chat assistant DeepSeek to the top of the Apple app charts couldn’t have been better timed to put pressure on the biggest U.S. technology companies. Four of the Magnificent ...
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Meta to invest up to $65B in AI infrastructure, develop an ‘AI engineer’ agent
The company plans to spend up to $65 billion on infrastructure for AI in 2025, and is planning a data center with a footprint ...
Dow Jones Today: Stock Futures Plunge on Concerns About Chinese AI Advances; Nvidia Leads Tech Shares Sharply Lower
Stocks futures are pointing to a sharply lower open on Monday as technology stocks tumble on concerns about the competitive ...