Microsoft will invest $80B in AI data centers in fiscal 2025
Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.
Microsoft Slated to Invest $80 Billion in AI-Enabled Data Centers This Fiscal Year
Key Takeaways Microsoft 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,
Microsoft to Invest $3 Billion in India, to Expand AI and Cloud Capacity
Microsoft will spend $3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on Tuesday, doubling down on a country with tech expertise and low costs to help turn such investments profitable.
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.
Microsoft’s Nadella Pledges $3 Billion AI Investment in India
Microsoft Corp. plans to spend $3 billion to expand its cloud computing and artificial intelligence capabilities in India, targeting the world’s most populous country to fuel its revenue growth.
Microsoft Announces $3 Bn AI Investment In India
Microsoft CEO Satya Nadella on Tuesday said the company plans to invest $3 billion in India on artificial intelligence (AI) and cloud infrastructure over the next two years.
cbs12.com4h
Tax cuts, debt limit, spending caps: Congress faces key fiscal choices this year
The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...
The Daily Star4h
VAT shock in the middle of the fiscal year
The National Board of Revenue went ahead with its plan to hike value-added tax and supplementary duty on goods and services ...
Gov. Healey plans to stabilize MBTA through budget as ‘fiscal cliff’ looms
The governor will soon receive recommendations on handling the MBTA's looming budget crisis, but she already sees a chance to provide the T with “immediate stabilization” through the annual state ...
What To Expect in Fiscal Policy During Trump's First Year
President-elect Donald Trump’s tax proposals stand to have a big impact on fiscal policy in 2025. They could potentially ...
MPI rates to rise 5.7% in coming fiscal year, driving insurance for average vehicle up $51
Manitoba Public Insurance has been ordered to raise its basic rates by 5.7 per cent on April 1, an increase that will result ...
Samaa2d
FBR initiates budget preps for fiscal year 2025-26
The Federal Board of Revenue (FBR) has initiated the budget-making process for fiscal year 2025-26, calling on stakeholders ...
Post Holdings Schedules First Quarter Fiscal Year 2025 Conference Call
A replay of the conference call will be available through Friday, February 14, 2025 by dialing (800) 839-1246 in the United States and (402) 220-0464 from outside of the United States. A webcast ...
Fairfax Co. leaders forecast a nearly $300 million budget shortfall for Fiscal Year 2026
Fairfax County is forecasting a nearly $300 million budget shortfall for 2026, an issue the Fairfax County Board of ...
Wizz Air says 40 planes to stay grounded through fiscal 2026 amid engine woes
Wizz Air on Tuesday said it had signed a new support agreement with defence and aerospace firm RTX's Pratt & Whitney amid ...
Frederick News-Post3d
FCPS superintendent recommends $975M operating budget for fiscal year 2026
Frederick County Public Schools Superintendent Cheryl Dyson is recommending an operating budget for the district of about $975 million for fiscal year 2026.
Will 2025 Be the Year of U.S. Fiscal Sanity?
The arrival of a new presidential administration invokes new beginnings and a break from the past. Still, realities from ...