Zuckerberg: Too Early to Assess DeepSeek’s Impact on Meta and the Tech Industry:
Meta Platforms CEO Mark Zuckerberg stated that it is too early to
determine the potential impact of the AI model launched by
the Chinese company DeepSeek on his company and the tech industry.
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Zuckerberg: Too Early to Assess DeepSeek’s Impact on Meta and the Tech Industry
Meta Platforms CEO Mark Zuckerberg emphasized that it is premature
to determine the potential effect of the DeepSeek AI model on his company and the broader tech sector.
Zuckerberg confirmed that Meta will not reduce its AI investments shortly,
noting that DeepSeek’s development has proven that creating AI models
can be less expensive and require fewer computing resources than previously thought. In an interview with CNBC,
he added that multiple overlapping trends influence the technological landscape,
making it difficult to form a clear opinion on the implications of these advancements.
These comments coincided with Meta’s announcement of strong revenue growth.
The company’s Q4 sales rose by 21% year-over-year to reach $48.39 billion,
reflecting its continued market strength despite increasing competition in the AI sector.
German Economy Contracts in Q4 2024 Amid Fears of Technical Recession
The German economy shrank in the fourth quarter of 2024,
declining more than expected as economic pressures continued to mount ahead of the February parliamentary elections.
Preliminary data released by the Federal Statistical Office on Thursday showed that the inflation
and seasonally adjusted GDP fell by 0.2% quarter-on-quarter and year-on-year in Q4,
compared to a slight growth of 0.1% in Q3. According to a Reuters survey, this exceeded expectations,
which had predicted only a 0.1% decline.
This downturn follows a report earlier this month confirming that the German economy
contracted annually for the second consecutive year,
with real GDP falling by 0.2% in 2024 after a 0.3% decline in 2023.
If this contraction continues into Q1 2025, Germany will officially enter a technical recession,
meaning two consecutive quarters of economic decline.
This would increase pressure on policymakers in Europe’s largest economy.
Zuckerberg: Too Early to Assess DeepSeek’s Impact on Meta