Meta’s Zuckerberg Takes on DeepSeek With History of Topping Innovative Rivals
Mark Zuckerberg talking about Meta’s smart glasses during the Meta Connect event in September 2024.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner writes that the emergence of an AI model developed at a lower cost by a Chinese startup might prove beneficial to Meta Platforms Inc.
Apple’s mixed results: Investors cheered Apple’s forecast that revenue may reach the mid-single digits in the current quarter, but holiday sales of iPhones and revenue from China fell short of expectations.