Forget DeepSeek. Zuckerberg Says Meta Will Spend Hundreds Of Billions On AI.

Meta’s CEO says its consumer AI offering ‘is going to be one of the most transformative products that we’ve made’

For those who were thinking Meta Platforms Inc. might back down from its heavy-spending ways in the wake of the DeepSeek news, think again. Not only did Meta stand by its forecast for $60 billion to $65 billion in capital expenditures this year, which CEO Mark Zuckerberg first shared on Facebook last week, but management also vowed to keep spending big …