Microsoft, Meta back big AI spending despite DeepSeek's low costs

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"Too much capital expenditure, not enough consumption."

Microsoft, Meta back big AI spending despite DeepSeek's low costs
Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the US technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in the new field. DeepSeek's quick advances with models that it claimed can match or even ...

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