Microsoft, Meta Back Big AI Spending Despite DeepSeek's Low CostsMicrosoft and Meta's CEOs defended massive spending on AI efforts after China's DeepSeek launched an AI assistant, it claims is more data and cost-efficient compared to the AI models that have emerged from the US. The top executives of these big tech firms said funds were needed to stay competitive in the field.
Source: Microsoft, Meta Back Big AI Spending Despite DeepSeek's Low Costs (https://www.gadgets360.com/ai/news/microsoft-meta-big-ai-spending-deepseek-low-costs-7603651#rss-gadgets-all)