U.S. markets panicked on Monday over speculation that DeepSeeks AI models would crush demand for GPUs, with Nvidias stock dropping almost 20%.But Meta isnt backing off, with its CEO Mark Zuckerberg pledging that the tech giant would invest very heavily in AI even hundreds of billions of dollars over the long term, he said during Metas first-quarter earnings call on Wednesday.Zuckerberg already announced last week that Meta would spend more than $60 billion in 2025 alone on capital expenditures, primarily on data centers.In response to an analysts question about DeepSeeks impact on Metas AI spending, Zuckerberg said spending heavily on AI infrastructure will continue to be a strategic advantage for Meta.Meta considers DeepSeek a new competitor and is learning from it, but its way too early to tell if demand for chips will stop increasing as they remain crucial for inference purposes, Zuckerberg said, noting that Meta has billions of users.At this point, I would bet that the ability to build out that kind of infrastructure is going to be a major advantage for both the quality of the service and being able to serve the scale that we want to, Zuckerberg said.Metas goal with its next model, Llama 4, is to make it the worlds most competitive, even compared to closed models (like ChatGPT), Zuckerberg said. He added that he expects it to have agentic capabilities something both OpenAI and Anthropic have moved into along with multimodal ones.Our goal with Llama 3 was to make open source competitive with closed models, he said. And our goal for Llama 4 is to lead.TechCrunch has an AI-focused newsletter!Sign up hereto get it in your inbox every Wednesday.