Zuck Shrugs Off DeepSeek Threat, Doubles Down on Meta's AI Investment: Hundreds of Billions Promised
Zuckerberg shrugs off DeepSeek, vowing hundreds of billions in AI investment. Meta's Llama 4 targets AI supremacy, showcasing its long-term AI vision.
Matilda
Zuck Shrugs Off DeepSeek Threat, Doubles Down on Meta's AI Investment: Hundreds of Billions Promised
Meta CEO Mark Zuckerberg dismisses concerns about DeepSeek's impact, pledging massive long-term investments in AI, even as market jitters cause Nvidia stock to plummet. The tech world was thrown into a frenzy this week following speculation that DeepSeek's advanced AI models could significantly disrupt the GPU market, sending shockwaves through the industry and causing Nvidia's stock to tumble nearly 20%. However, Meta Platforms Inc. CEO Mark Zuckerberg remains unfazed, reaffirming his commitment to aggressive AI development and promising substantial financial backing for the foreseeable future. During Meta's first-quarter earnings call on Wednesday, Zuckerberg made it clear that the company intends to invest "very heavily" in artificial intelligence, a commitment that could translate into "hundreds of billions of dollars" over the long haul. This bold declaration comes on the heels of last week's announcement that Meta will allocate over $60 bil…
