The chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive.

Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed a bit as investors wait to ...

Meta continues to hemorrhage money at its metaverse-oriented Reality Labs unit, which beat sales expectations but still lost ...

The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the ...

Mistral AI was hailed as a potential global leader in the technology. But it has lost ground to US rivals — and now China’s emerging star ...

Meta re-affirmed its plan Wednesday to spend between $60 billion and $65 billion in capital expenditures this year.