Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence (AI) this fiscal year. For its part, Microsoft is on pace to invest about $80 billion this year to build out AI datacenters,

Microsoft is investing $80 billion in 2025 to build AI-focused data centers, with most of the spending in the U.S. Vice Chair Brad Smith said the U.S. leads the global AI race because of private investments and innovation and urged quick action to stay ahead of growing competition from China.

Microsoft's President Brad Smith emphasises a national strategy for the US to lead in AI, focusing on R&D funding, education, and relaxed regulations.

As companies evolve in the artificial intelligence (AI) era, PwC Global and US commercial technology and innovation officer Matt Wood joins Wealth Host Brad Smith to discuss what AI means for the organizations employing it,

The United States needs an overarching national strategy to ensure it prevails in the global AI race — focusing on R&D funding, education, and workforce development, and ensuring that American tech companies aren't slowed down by "heavy-handed regulations,

Key Takeaways Microsoft is slated to spend $80 billion on data centers needed to train and run artificial intelligence by the end of the fiscal year, president Brad Smith said Friday in a blog post.More than half of the investment will occur domestically,

Over half of Microsoft’s $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.

According to its management, Microsoft (NASDAQ: MSFT) will invest $80 billion in data centers over the next year. To put this in some context, Microsoft’s revenue in the most recently reported quarter was $65.

Microsoft (MSFT) is planning to spend tens of billions of dollars to build on its artificial intelligence ambitions this year.

Microsoft Corp. plans to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence.

Microsoft President and Vice Chair Brad Smith has revealed that the tech giant plans to invest about US$80 billion in data centers this fiscal year for training artificial intelligence models and deploying AI and cloud-based applications worldwide while touting the vendor’s extensive partner ecosystem.