Microsoft Vice President and President Brad Smith takes part in the first day of the Web Summit in Lisbon, Portugal on November 12, 2024. The world's largest technology conference this year includes 71,528 participants from 153 countries and 3,050 companies, with emerging artificial intelligence as the most represented industry. (Photo by Rita Franca/Noor Photo via Getty Images)
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Microsoft The company said in a blog post on Friday that it plans to spend $80 billion in fiscal year 2025 on building data centers that can handle artificial intelligence workloads.
Microsoft vice president and president Brad Smith wrote that more than half of the expected spending on AI infrastructure will take place in the United States. Microsoft's fiscal year 2025 ends in June.
“Today, the United States is leading the global AI race thanks to private capital investment and innovations by American companies of all sizes, from dynamic startups to established corporations,” Smith said. “At Microsoft, we've seen this firsthand through our partnership with OpenAI, from startups like Anthropic and xAI, and our AI-enabled software platforms and applications.”
Many high-profile technology companies are rushing to spend billions on it Nvidia GPUs for training and running AI models. The rapid spread of OpenAI's ChatGPT assistant, which launched in late 2022, has sparked a race for companies to introduce their own generative AI capabilities. After you invested More than $13 billion At OpenAI, Microsoft provides the startup's cloud infrastructure and has integrated the startup's models into Windows, Teams, and other products.
Microsoft reported $20 billion in capital expenditures and assets acquired under finance leases worldwide, with $14.9 billion spent on property and equipment, in the first quarter of fiscal 2025. Amy Hood, Microsoft's chief financial officer, said the expenses Capitalism will increase successively in the second fiscal quarter. In October.
He watches: Microsoft will end 2024 with capital expenditures of at least $53 billion
