Microsoft Slated to Invest $80 Billion in AI-Enabled Data Centers This Fiscal Year

Key TakeawaysMicrosoft is slated to spend $80 billion on data centers needed to train and run artificial intelligence by the end of the fiscal year, president Brad Smith said Friday in a blog post.More than half of the investment will occur domestically, Smith said.Besides private investment in AI, support from the public sector is important, Smith said.He said government regulations on the technology will play an important role in supporting American firms in other countries. Microsoft (MSFT) expects to sp ...