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Microsoft to spend US$80 billion on AI data centres

The tech giant spent more than US$50 billion on capital expenditures the previous year, mostly related to AI-supporting server farm construction

By: financialpost.com

Jan 03 2025
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Microsoft to spend US$80 billion on AI data centres

Microsoft Corp. plans to spend US$80 billion this fiscal year building out data centres, underscoring the intense capital requirements of artificial intelligence (AI). Read More

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December US Jobs Report to Cap Year of Moderate Hiring