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Microsoft to spend record $30 billion this quarter as AI investments pay off
Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence.
Microsoft could spend $30 billion on capex this quarter. Its CFO puts that in perspective.
Microsoft could shell out $30 billion for capital expenditures this quarter, according to its own projections, and that's an eye-popping number. But CFO Amy Hood sought to put that big number in perspective on the company's earnings call.
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A massive AI data center proposed near Cheyenne, Wyoming, would use more electricity than all homes in the state combined ...
Foxconn said it will take a 10% stake in TECO as part of a share swap and will focus on building data centers around the ...
Tom's Hardware on MSN16h
Power usage in Wyoming AI data center could eclipse consumption of the state's human residents by 5x — tenant of colossal investment remains a mysteryPlans are afoot to create a massive new data center in Cheyenne, Wyoming, with power demands many multiples of the state's population.
The projected growth in artificial intelligence and its unprecedented demand for electricity to power enormous data centers ...
Microsoft's Azure cloud-computing business reported impressive growth, surpassing expectations with annual sales exceeding ...
An artificial intelligence data center campus is set to be built in Wyoming that would use more electricity than every home in the state combined.
Local leaders are addressing AI’s impact on water, surveillance, transparency and more. A mostly hands-off approach at the ...
Microsoft investors head into Wednesday's earnings with one big question: is the company's artificial intelligence edge at ...
As AI advances fuel a rapid boom in U.S. data center construction, utilities and tech giants are sparring over who should pay for the enormous power demands, The Wall Street Journal writes. Companies ...
On Tuesday, OpenAI announced a partnership with Oracle to develop 4.5 gigawatts of additional data center capacity for its ...
Microsoft has signed a long-term deal with Vaulted Deep to purchase carbon credits in an effort to offset emissions from its ...
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