Days after DeepSeek’s breakthrough low-cost AI computing shook the technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in the new field.
Read More Microsoft, Meta back big AI spending despite DeepSeek’s low costs
Meta, formerly the Facebook company, is set to pay President Donald Trump $25 million in order to settle a 2021 lawsuit over the president’s previously suspended social media accounts.
Read More Meta Will Pay $25M To Trump In Suspended Accounts Settlement
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure.
Read More Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says
President-elect Donald Trump arrived in the Washington D.C. area on Saturday, celebrating with friends and family ahead of Inauguration Day.
Read More Trump Met With Fireworks After Arriving In Washington D.C. As Inaugural Celebrations Began
President-elect Donald Trump’s Inauguration Day is reportedly set to feature numerous high-profile figures and musical guests — witnessing Trump’s historic return to the White House alongside his supporters.
Read More Trump Inauguration: Musical Performances And High-Profile Attendees Announced
Meta is planning to slash roughly 5% of its staff this year in a move aimed at getting rid of the slackers, CEO Mark Zuckerberg revealed on Tuesday.
Read More Meta To Reduce Workforce By 5% As Zuckerberg Focuses On Reducing ‘Low Performers’