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Tech stocks mixed as Meta, Microsoft affirm big AI spending plans after DeepSeek turmoil

New York Post 31 Jan 2025
DeepSeek’s rise spooked tech investors who were already skittish about the amount of money that Big Tech firms were spending to develop AI ... 4 ... via REUTERS ... 4 ... Microsoft CFO Amy Hood confirmed spending would increase next year, but at a slower rate ... 4 ... 4.
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Microsoft CFO tells employees in an internal memo to 'focus' amid AI news like DeepSeek ...

Business Insider 30 Jan 2025
Microsoft CFO Amy Hood. Stephen Brashear/Getty ImagesMicrosoft CFO Amy Hood ... Microsoft chief financial officer Amy Hood had a message for Microsoft employees in an internal memo amid recent AI news.
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Microsoft’s cloud division misses growth targets amid slower demand for AI services

Cryptopolitan 30 Jan 2025
Microsoft’s Chief Financial Officer Amy Hood said. ... – Amy Hood. Hood partly attributed this to Azure commitments from OpenAI ... Hood said she expects capacity constraints, which it experienced ...
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PC Game Pass Subscriptions Grew by More Than 30 Percent in Q2 2025 – Microsoft CEO

GamingBolt 30 Jan 2025
Looking forward, Microsoft CFO Amy Hood said that the company expects growth from Xbox to be in the low single digits. Hood also notes that the company expects revenue from hardware sales to decline.
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Microsoft's AI gold rush continues while hardware business cools

The Times of India 30 Jan 2025
Although, looking ahead, Microsoft CFO Amy Hood projected that Windows OEM and devices revenue will decline in the low to mid single digits in Q3 2025. .
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Why Microsoft, Facebook-parent Meta are sticking with massive AI investments despite DeepSeek challenge

The Times of India 30 Jan 2025
DeepSeek's claims of achieving comparable AI performance at a fraction of the cost have raised questions about the sustainability of big tech's AI spending strategies.In their respective post-earnings ...
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Microsoft's AI business is booming. It's not enough to soothe investors.

Business Insider 30 Jan 2025
Microsoft reported earnings after the stock market closed on Wednesday ... ET ... Microsoft CFO Amy Hood told employees in an internal memo to focus amid recent AI-related news, Business Insider reported ... It has a multibillion-dollar investment in OpenAI ... ....
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Microsoft CEO tries to assure investors DeepSeek is good for business as scrutiny of AI ...

Business Insider 30 Jan 2025
"DeepSeek has some real innovations," Nadella said ... Amid all the recent AI news, including about DeepSeek, Microsoft chief financial officer Amy Hood sent an internal memo to employees encouraging them to stay focused ... ....
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Microsoft, Meta chiefs justify spending as DeepSeek undercuts AI model pricing

Business Day 30 Jan 2025
That is a far cry from the roughly $6m DeepSeek said it has spent to develop its AI model ... Microsoft CFO Amy Hood said the company’s capital spending in this quarter and the next would remain around the $22.6bn level seen in the second quarter.
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Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

Khaleejtimes 30 Jan 2025
said Futurum Group analyst Daniel Newman ... Microsoft CFO Amy Hood said the company's capital spending in the current quarter and the next would remain around the $22.6 billion level seen in the second quarter ... Business. .
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Microsoft, Meta defend hefty AI spending after DeepSeek stuns tech world

The Irish Times 30 Jan 2025
READ MORE ... There are some signs though that executives are moving to change that. Microsoft CFO Amy Hood said the company’s capital spending in the current quarter and the next would remain around the $22.6 billion level seen in the second quarter.
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Microsoft’s results show cloud AI balancing act

Computer Weekly 30 Jan 2025
The company’s cloud business reported revenue of $69.6bn for the quarter that ended 31 December 2024 ... Chief financial officer Amy Hood said that Microsoft Cloud margins are down year-over-year driven by “the impact of scaling our AI infrastructure”.
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Microsoft and Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

News India Times 30 Jan 2025
FILE PHOTO ... REUTERS/Dado Ruvic/Illustration/File Photo ... FILE PHOTO ... U.S ... Microsoft CFO Amy Hood said the company’s capital spending in the current quarter and the next would remain around the $22.6 billion level seen in the second quarter ... .
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Microsoft shares slide as cloud forecast, AI spending disappoint

RTE 30 Jan 2025
Satya Nadella, Microsoft CEO. Microsoft's chief financial officer Amy Hood said Azure would grow between 31% and 32% in the current fiscal third quarter, below the 33% Wall Street expects, according to data from Visible Alpha ... .

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