Reported about 15 hours ago
Meta CEO Mark Zuckerberg stated that the emergence of Chinese competitors has reinforced the company's dedication to AI investments, with a forecast of $60 billion to $65 billion in capital expenditures this year. He emphasized the potential of Meta AI to be transformative and hinted at incorporating innovations from the Chinese AI startup DeepSeek, which has gained traction for its cost-effective models. Despite market concerns about overspending, Zuckerberg remains optimistic about the future of AI and its relationship with global standards.
Source: YAHOO