The EV maker's shares have formed a new trading range. Something dramatic will need to happen to snap them out of it.
An official with Meta's popular WhatsApp chat service said Israeli spyware company Paragon Solutions had targeted scores of its users, including journalists and members of civil society. The official said on Friday that WhatsApp had sent Paragon a cease-and-desist letter following the hack.
(Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 4% after CEO Mark Zuckerberg assured Wall Street about growth with promises of a "really big year".
Artificial intelligence was the focus when tech giants Microsoft and Meta kicked off the first round of Big Tech earnings of 2025. Here's what we learned.
Spun from a hedge fund based out of Hangzhou, DeepSeek has single-handedly done for AI, what the— Sputnik—Soviet satellite launch did for space and geopolitics.
Autonomous software engineering agents will take over significant programming tasks, predicts Meta's CEO. And he's counting on Llama to achieve that goal.
Meta CEO Mark Zuckerberg has outlined ... the Meta CEO added. Zuckerberg's announcement to invest billions in AI infrastructure comes as rival Microsoft announced an $80 billion investment to ...
Wall Street's reaction to DeepSeek notwithstanding, Microsoft and Meta detailed plans to continue investing billions in AI infrastructure.
Since toning down its Metaverse ambitions, Zuckerberg has turned to the omnipresent expanse of AI. If Meta leans too heavily on AI-generated posts, chatbots, and synthetic influencers, it risks overwhelming users once again with the noise.
The Nasdaq Composite fell 3.1% on Monday, while AI leader Nvidia tumbled 17%. But the reality was, and is, far more complicated. DeepSeek didn’t replicate OpenAI’s ability by spending a few million dollars.
Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner writes that the emergence of an AI model developed at a lower cost by a Chinese startup might prove beneficial to Meta Platforms Inc.