Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
1. Meta's CEO defended significant AI investments to maintain competitiveness. 2. Competitor DeepSeek's breakthrough in AI threatens U.S. tech dominance.
FAQ
Why Bullish?
Meta's focus on AI investments signals commitment to innovation, attracting investor confidence.
How important is it?
The article highlights competitive pressures and Meta's strategic response, directly impacting stock sentiment.
Why Short Term?
Immediate market perception may improve, but long-term effects depend on AI success.