Mark Zuckerberg Defends Embrace of Trump Administration
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.
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".
Group revenue for Microsoft’s fiscal second quarter ending in December rose 12 per cent from the previous year to a quarterly record of $69.6bn, beating analysts’ expectations for $68.9bn. Net income was up 10 per cent to $24.1bn, ahead of the average estimate of $23.5bn.
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said ... Earlier this month, Microsoft said it was planning to ...
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.
The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's DeepSeek raises questions about the costs of the AI arm's race.
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 ...
Meta CEO Mark Zuckerberg said that the company plans ... as AI rivals pour billions into their own infrastructure projects. Microsoft plans to spend $80 billion on AI data centers in 2025, while ...
Mark Zuckerberg warned investors in October that ... very seriously," said Satya Nadella, the CEO of Microsoft, which is OpenAI's largest investor. Read next
Was it Trump, that most status-conscious of alpha males, bringing to heel the formidable likes of Elon Musk, Jeff Bezos and Mark Zuckerberg? Or were all those billionaire potentates in the Capitol ...
Elon Musk, Jeff Bezos and Mark Zuckerberg walk into a bar ... by arguably one of the most transactional presidents in modern history. In this Trump White House, Fortune 500 companies know what ...