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 cost of the AI arms race.

The Windows maker missed market estimates for quarterly revenue growth at Azure and gave a third-quarter forecast for the business that was below expectations ...

More than 4 million advertisers are now using the company’s generative AI offerings while Meta is working to streamline its Advantage+ ad products.

Most U.S. stocks are ticking higher following a rush of profit reports from some of the country’s most influential companies.

Is the DeepSeek panic over? Stocks involved in the AI infrastructure build-out saw a punishing sell-off on Monday. Many leading names in the trade like Vertiv (NYSE: VRT) and Credo (Nasdaq: CRDO) ...

Silicon Valley’s been rattled by a low-cost Chinese AI – with the start-up claiming its DeepSeek technology can emulate the performance of ChatGPT, at a fraction of the cost. Its launch shook share ...

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Wall Street shares rallied on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar dipped, further boosting gold prices. The ...