Microsoft to Spend $80 Billion on AI Data Centers This Year
4 days, 22 hours ago

Microsoft to Spend $80 Billion on AI Data Centers This Year

Deccan Chronicle  

Microsoft Corp. plans to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence. Cloud infrastructure providers like Microsoft and Amazon.com Inc. have been racing to expand computing capacity by constructing new data centers. In the previous fiscal year ending in June 2024, Microsoft spent more than $50 billion on capital expenditures, the vast majority related to server farm construction fueled by demand for artificial intelligence services. The country needs “a pragmatic export control policy that balances strong security protection for AI components in trusted data centers with an ability for US companies to expand rapidly and provide a reliable source of supply to the many countries that are American allies and friends,” Smith wrote.

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