Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the U.S. technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying ...
The Windows maker missed market estimates for quarterly revenue growth at Azure and gave a third-quarter forecast for the business that was below expectations ...
Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s ...
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U.S. stocks were erasing early gains in recent trading, with the S&P 500 joining the Nasdaq Composite in the red. As investors responded to the latest earnings and economic reports, Nvidia Corp. has ...
The emergence of DeepSeek came shortly after President Trump unveiled his "Stargate" project to invest $500bn in advancing AI.