Microsoft to Spend $80 Billion on AI Data Centers This Year
- More than half of outlay will happen in the US, company says
- Cloud providers are racing to build AI computing capacity
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Microsoft Corp. plans to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence.
More than half of this projected spending through June 2025 will be in the US, Microsoft President Brad Smith wrote in a blog post Friday. Recent AI progress is thanks to “large-scale infrastructure investments that serve as the essential foundation of AI innovation and use,” Smith wrote.