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AI News from ET - Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

Vishwadeep Khatri
in AI News & Two Lenses

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Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that have hampered the technology giant's ability to capitalise on AI. "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.

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