Microsoft upped the ante on Friday by announcing it will make $80 billion in AI-related data center investments in the fiscal year that ends June 30. Credit: Adobe StockFOMO Run Amok? Resolve of Firms Chasing AI Dreams Tested by Sky-High Costs
“The question now is which investments will deliver lasting value and which ones may fade as AI hype moderates," Goodwin Procter wrote in a client note last week.
January 06, 2025 at 03:23 PM
4 minute read
Microsoft forecasts that it will invest $80 billion this fiscal year to build AI-enabled data centers—a spending spree that ups the pressure on tech companies of all sizes to make the right call on how much money they should deploy into the fast-rising technology.
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