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Meta seems to have reassured investors about how much it's spending on artificial intelligence and about possible competition from Chinese AI company DeepSeek.The company reported fourth-quarter earnings on Wednesday after the closing bell. Its revenue for the period was $48.39 billion, beating the consensus analyst estimate of $46.98 billion.While its first-quarter sales forecast came in below estimates, investors seemed more concerned about other matters.
He teased Llama 4 news and said he was 'optimistic' about 'progress and innovation' under Donald Trump's government. Zuckerberg also responded to a question about DeepSeek, saying it was important to have a domestic firm set the standard on open-source AI 'for our own national advantage.
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