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Meta won't slow AI spending despite DeepSeek's breakthrough
Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won't likely curb Meta's AI spending.
Meta CEO Mark Zuckerberg on Wednesday said it's too early to tell what impact DeepSeek's breakthrough AI model will have on his company and the broader tech industry. Meta's shares rose nearly 2% on Monday, indicating some investors believe DeepSeek's cost-efficiency could mean the social media company may be able to create powerful AI systems for less money. Meta CEO Mark Zuckerberg on Wednesday said it's too early to tell what impact DeepSeek's breakthrough AI model will have on his company and the broader tech industry.
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