Microsoft Vows to Spend $80 Billion on AI Data Centers This Year

Redmond said Friday it would spend $80 billion to built out AI-enabled data centers in the fiscal year that ends in June.

Microsoft plans to spend tens of billions of dollars to build out AI data center infrastructure in its current fiscal year. “AI promises to drive innovation and boost productivity in every sector of the economy,” Microsoft President Brad Smith wrote in a blog post Friday. “None of this progress would be possible without new partnerships founded on large…