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Microsoft to invest $80 billion on AI-enabled data centres in FY25
short by Mansi Agarwal / on Saturday 4 January, 2025
Microsoft will invest around $80 billion in FY25 to build AI-enabled data centres to train AI models and deploy AI and cloud-based applications. In a blog post, Microsoft President Brad Smith called AI "the electricity of our age". He said the race between China and the US for international AI influence will likely "be won by the fastest first mover".
read more at Reuters