Meta and Microsoft Double Down on Huge A.I. Spending, Despite DeepSeek Threat

▤ Summary

We have sad news: We are following the latest on the midair collision near Ronald Reagan National Airport outside Washington between an American Airlines flight carrying 64 people and a U.S. Army helicopter with three crew members aboard. But the crash raises important questions — some of which were being asked before — about the increasing traffic in the skies above major metropolitan areas, especially in helicopters and drones. And airlines have lobbied hard in recent years for more slots at Reagan and other major airports around the country. All that, plus the already dense traffic at busy airports, means radar systems and human pilots have very little room for error. Wall Street has been on tenterhooks about how Silicon Valley would respond to DeepSeek, the Chinese start-up whose low-cost artificial intelligence software threatens to undercut the pricey American approach to the technology.

▦ Linked Companies

Microsoft

$1B+