Microsoft, Meta CEOs Defend Hefty AI Spending After DeepSeek Stuns Tech World
"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Meta CEO Mark Zuckerberg said on a post-earnings call. Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that have hampered the technology giant's ability to capitalize on AI.