Microsoft, Meta Back Big AI Spending Despite DeepSeek's Low Costs https://ift.tt/0y57A8r Microsoft, Meta Back Big AI Spending Despite DeepSeek's Low Costs Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the US technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in the new field. DeepSeek's quick advances with models that it claimed can match or even outperform Western rivals at a fraction of the cost stirred doubts about the lead US has, but the top exe…