Microsoft, 80 billion USD for artificial intelligence - The company increases investments to develop data centers
Microsoft is planning to invest about $80 billion in fiscal year 2025 for the development of artificial intelligence data centers. Investments in this sector have increased since OpenAI introduced ChatGPT in 2022, as many companies seek to integrate the new technology into their products and services.
Artificial intelligence requires large amounts of power, driving demand for specialized data centers that enable tech companies to connect thousands of chips together in clusters.
Microsoft has invested billions to upgrade its infrastructure and expand its data center network. Analysts expect Microsoft's fiscal 2025 capital expenditures to be $84.24 billion. The company's capital investments in the first quarter of fiscal year 2025 increased by 5.3%, to $20 billion.
The tech giant is considered a top contender among Big Tech companies in the AI race due to its exclusive partnership with OpenAI.
More than half of Microsoft's $80 billion investment will be in the United States, Vice Chairman Brad Smith said.
"The United States leads the global AI race thanks to private capital investment and innovation from American companies of all sizes, from dynamic start-ups to established enterprises," Smith said.
Poll
The big euro-lek "break" in 2024 - Who lost the most from the devaluation of the European currency?
In 2024, the exchange rate was accompanied by a deep fall of the euro and a strong appreciation of the lek. In the first months of last year, the exchange......
Industry, new obligations for pollution - Monitoring of emissions of greenhouse gases, fines of 2-4 million ALL in case of violations
Operators of heavy industry, aircraft and shipping companies will have to draw up monitoring plans for greenhouse gas emissions and report the data to state......
The tax formula for municipalities changes - New categorization, unconditional transfer according to the 2023 Census
The government anticipates that during the year 2025 it will change the formula for the unconditional financial transfer of the local government as well as......
How much money did KPP collect in 11 months of 2024? - 53.3 million ALL were collected in the state budget from tender fees
Based on the data of the Procurement Bulletin, in the period of 11 months, January-November 2024, the Public Procurement Commission has registered a total of......
US regulator warned banks about cryptos - The start of Trump's term is expected to bring changes in regulations
A regulator asked US banks to stop using cryptocurrencies directly, but stopped short of ordering them to stop providing banking services to crypto......
Euro "removes" Albania from Kosovo?! Imports, the "stick" of trade exchanges in 2024
In recent years, Albania and Kosovo have recognized a strengthening of economic cooperation through signed agreements. Kosovo is turning into a very......
5 out of 6 people aged 100 are women / Income and living alone, the main problems for the elderly
Albania is facing the visible effects of population aging, as a result of a period of rapid demographic transition. During the last decade, a significant......
Italy, 1.5 billion euros for telecommunications security - The Government, close to the agreement with SpaceX to provide these services
Italy is in advanced talks with Elon Musk's SpaceX about a deal that will provide secure telecommunications for the country's government. This will be the......
