Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI | TechCrunch

U.S. markets panicked on Monday over speculation that DeepSeek’s AI models would crush demand for GPUs, with Nvidia’s stock dropping almost 20%.

But Meta isn’t backing off, with its CEO Mark Zuckerberg pledging that the tech giant would invest “very heavily” in AI — even “hundreds of billions of dollars” — over the long term, he said during Meta’s first-quarter earnings call on Wednesday.

Zuckerberg already announced last week that Meta would spend more than $60…