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.
Fresh job cuts are sweeping the technology sector with Microsoft the latest company to be making layoffs. The numbers aren’t huge. The tech giant is cutting less than 1% of its employees, with the reductions based on performance,
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 first phase alone of Microsoft’s data center in Mount Pleasant will likely require the same amount of electricity needed to power more than 300,000 homes, according to new information obtained by the Journal Sentinel. Put into context, the City of Milwaukee has around 262,000 housing units.
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
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's President Brad Smith emphasises a national strategy for the US to lead in AI, focusing on R&D funding, education, and relaxed regulations.
More than half of the $80 billion budget is expected to be deployed in the United States. The facilities will help train AI models and distribute cloud-based applications across the globe, according to Microsoft vice chair Brad Smith.
Microsoft Corp. ($MSFT), a frontrunner in the artificial intelligence (AI) revolution, has doubled up its commitment to the technology. In a blog post published on Friday, Brad Smith, Vice Chair and President of Microsoft,
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.
Brad Smith is the Chief Information Officer at Paycom, a comprehensive HCM software company. He has more than 30 years of IT experience. Read Brad Smith's full executive profile here.