Economy

Microsoft plans to spend $80 billion on AI-enabled data centers in fiscal 2025

1 Mins read

(Reuters) -Microsoft is planning to spend $80 billion in fiscal 2025 on the construction of data centers to train artificial intelligence (AI) models and deploy AI and cloud-based applications, the company said in a blog post on Friday.

This post appeared first on investing.com

Related posts
Economy

Futures higher, Exxon Mobil flags hit to Q4 earnings – what’s moving markets

4 Mins read
Investing.com – US stock futures inch up after a solid set of economic figures contributed to a slide in equities in the…
Economy

Germany’s front-runner for chancellor won’t commit to new NATO spending target

1 Mins read
BERLIN (Reuters) – German opposition leader Friedrich Merz, tipped to become chancellor in next month’s election, said Germany would spend more on…
Economy

Fed minutes may begin to show the hurdle to further rate cuts

2 Mins read
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials have been signaling that further interest rate cuts are on hold for now…

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.