Microsoft plans to invest $80 billion on AI-enabled data centers in fiscal 2025 | CNN Business

Reuters  — 

Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence models and deploy AI and cloud-based applications, the company said in a blog post on Friday.

Investment in AI has surged since OpenAI launched ChatGPT in 2022, as companies across sectors seek to integrate artificial intelligence into their products and services.

AI requires enormous computing power, pushing demand for specialized data centers that enable tech companies to link thousands of chips together in clusters.

Microsoft has been investing billions to enhance

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

This year’s list of breakthrough technologies that might shape the future

NPR's Mary Louise Kelly talks with Amy Nordrum of the MIT Technology Review about the magazine's list of breakthrough technologies for 2025. ...

‘Challenges Are Opportunities’: Reebok’s 89-Year-Old Founder Is Launching the World’s First Futuristic AI Shoe

In 1958, Joe Foster co-founded Reebok and helped grow the company to be worth $4 billion, he says, before exiting in 1991. (Adidas bought...

Meta scrambles to delete its own AI accounts after backlash intensifies | CNN Business

New York CNN  —  Meta promptly deleted several of its own AI-generated accounts after human users began engaging with...