Microsoft plans to invest nearly $100B in AI-enabled data centres by FY 2025, aiming to drive global innovation and maintain U.S. leadership in AI technology.
Microsoft announced on Friday its plans to allocate almost $100 billion towards AI-powered data centers in fiscal year 2025.
"In FY 2025, Microsoft is on track to invest approximately $80 billion to build out AI-enabled datacenters to train AI models and deploy AI and cloud-based applications around the world," Vice Chair and President Brad Smith wrote in a blog post.
Highlighting AI's potential to spur innovation and enhance productivity across all sectors, Smith stated that the U.S. is well-positioned to lead the technological wave, particularly by leveraging its strengths and fostering strong international partnerships.
"Today, the United States leads the global AI race thanks to the investment of private capital and innovations by American companies of all sizes, from dynamic start-ups to well-established enterprises," he said.
"At Microsoft, we’ve seen this firsthand through our partnership with OpenAI, from rising firms such as Anthropic and xAI, and our own AI-enabled software platforms and applications."
A Chinese-linked hacking group secretly stole data from academic, medical and military research institutions in the U.S. and Canada for more than a ye...
U.S. President Donald Trump said a preliminary agreement to end the war in the Gulf has been signed by the U.S. and Iran, though details have yet to b...
In an historic milestone for South Caucasus diplomacy, Hikmat Hajiyev, Assistant to the President of the Republic of Azerbaijan, conducted his first w...
A U.S. Air Force B-52 Stratofortress bomber crashed on takeoff on Monday at Edwards Air Force Base in Southern California's Mojave Desert, bursting in...
Iran has said that reaching an agreement with the U.S. to end the war does not mean Tehran will overlook what it describes as war crimes committed aga...
A U.S. jury has ruled against Elon Musk in his lawsuit against OpenAI, finding the company not liable over claims it had abandoned its original mission to benefit humanity.
Meta Platforms will cut about 10% of its global workforce from 20 May, marking the start of a wider restructuring as the company increases spending on artificial intelligence (AI) and plans further layoffs later this year, according to sources familiar with the matter.
Australia’s eSafety regulator has asked gaming companies, including Microsoft and Roblox, to explain how they are protecting children from sexual exploitation and radicalisation.
Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Israeli Prime Minister Benjamin Netanyahu has told U.S. President Donald Trump that Israel does not consider itself bound by a Lebanon-related provision in an emerging agreement with Iran, according to Israeli officials.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
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