Microsoft Says to Spend Record $30 Billion This Quarter

Microsoft surges on robust cloud growth, record AI spending

Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its artificial intelligence services.

Microsoft says it will spend billions this year as AI moves pay off

Microsoft's capital expenditure is set for a huge rise as it ups AI and other infrastructure spending.

Microsoft says to spend record $30 billion this quarter

Microsoft has forecast a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence.

Microsoft to spend record $30 billion this quarter as AI investments pay off

Microsoft has said the spending is crucial to overcoming supply constraints that have hampered its ability to meet soaring AI demand

Microsoft plans record spending to build data centers powering AI

Tech giant reports $368 billion in project backlogs as it races to expand global capacity

Microsoft gears up to spend over $100b in capex this fiscal year

Cloud and AI is the driving force of business transformation across every industry and sector, Satya Nadella says