Reported about 14 hours ago
In response to DeepSeek's revelation of affordable AI computing that challenges U.S. tech dominance, Microsoft and Meta's CEOs defended their substantial AI investments, emphasizing that building extensive computer networks is vital for meeting rising corporate demand. While U.S. executives outlined plans to invest heavily in AI infrastructure, some investors expressed frustration about the lack of immediate returns, prompting discussions on the future monetization of these investments.
Source: YAHOO