Reported 1 day ago
Microsoft and Meta have reported strong growth in their AI sectors, with both companies planning to invest nearly $150 billion in infrastructure for 2025. Microsoft CEO Satya Nadella highlighted a significant rise in AI revenue, reaching a run rate of $13 billion, while Meta CFO Susan Li noted that Meta AI reached 700 million users. Despite concerns surrounding a Chinese start-up's efficient AI model, executives remain confident in their future AI investments and the sector's growth potential.
Source: YAHOO