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