For this reason, a Microsoft executive is urging the US government to take action to prevent China from taking the lead in AI, as Huawei did with 5G. Brad Smith, Microsoft’s Vice Chairman and President,
Over half of the investment is reserved for infrastructure. Microsoft President Brad Smith frames AI investment as key to economic growth.
Microsoft says it plans to spend $80 billion on building AI data centers in the 2025 financial year, a significant increase on last year.
Microsoft is set to double down on its generative artificial intelligence efforts in 2025 following the company's Vice Chair and President, Brad Smith's recent announcement of the tech giant's plans to invest up to $80 billion in building data centers.
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,
Nvidia (NVDA) stock rises almost 3% ahead of CEO Jensen Huang's keynote address at the annual Consumer Electronics Show (CES). Seana Smith and Brad Smith outline what the keynote could signal about the artificial intelligence (AI) chipmaker's position and the AI market at large.
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.
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,
Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.
The "Magnificent Seven" is a group of seven tech-orientated companies -- Microsoft (NASDAQ: MSFT), Apple, Nvidia, Alphabet, Amazon, Meta Platforms, and Tesla. All seven crushed the S&P 500 in 2023, and all but Microsoft beat the index again in 2024.
While Microsoft is thinking on a global scale, the company's Vice Chair and President said more than half of this total investment will be in the US