What We Learned About the Future of AI from Microsoft, Meta Earnings

What We Learned About the Future of AI from Microsoft, Meta Earnings

Key Takeaways

  • Microsoft, Meta, and IBM all highlighted healthy growth in their AI businesses in the last three months of 2024.
  • Microsoft and Meta, which cumulatively expect to invest nearly $150 billion in infrastructure in their respective 2025 fiscal years, stood by their aggressive spending plans.
  • Executives expressed confidence that Chinese start-up DeepSeek’s incredibly cost-efficient AI model, which spooked investors earlier this week, was ultimately a good thing for their businesses.

Article Source
https://www.investopedia.com/what-we-learned-ai-microsoft-meta-ibm-earnings-deepseek-8783170

More From Author

Cisco Systems (CSCO) Is Poised for AI Network Growth

Cisco Systems (CSCO) Is Poised for AI Network Growth

Intel’s chipmaking division lost  billion last year, but its losses are no longer historic

Intel’s chipmaking division lost $13 billion last year, but its losses are no longer historic

Listen to the Podcast Overview

Watch the Keynote