Microsoft expects to invest about $30 billion in capital expenditures this quarter, part of an overall record of more than $80 billion planned for fiscal 2025, as its Artificial Intelligence (AI) powered cloud services continue to accelerate revenue and market value.
Microsoft’s surge in AI spending is paying off. In Q4, the company is projected to spend roughly $30 billion. It is a quarterly peak as it builds out AI infrastructure to support Azure, Microsoft 365 Copilot, GitHub, and other cloud services.
For fiscal 2025 overall, Microsoft remains on track to exceed $80 billion in capital expenditures, dedicated largely to data centres and high-performance servers that underpin its AI strategy.
The company’s AI-led growth strategy showed results in its Q4 earnings - Azure surpassed $75 billion in annual revenue, growing 34% year‑on‑year and helping drive total quarterly revenue to $76.4 billion, up 18% from a year earlier.
Microsoft shares climbed more than 7% following the earnings release, as investors welcomed earnings beats and strong forward guidance on cloud and AI momentum. The company is now nearing a $4 trillion market valuation.
Despite laying off around 15,000 employees this year, executives reaffirmed that cutting costs was “transformational” and necessary to align with rapid AI infrastructure scaling and efficiency goals
When Armenians vote on 7 June, they will be voting in an election shaped by months of political change and a rapidly deepening relationship with the E...
Unsealed records from the U.S. Department of Justice have renewed scrutiny of lawyer Robert Amsterdam after documents revealed communications between ...
Russian air attacks on major Ukrainian cities such as Kyiv, Dnipro and Kharkiv killed at least nine and wounded more than 60 early on Tuesday, authori...
The Baku-Tbilisi-Kars (BTK) railway is resuming operations on 2 June after extensive modernisation works. Officials from Azerbaijan, Georgia and Tür...
Chile's far-right President José Antonio Kast, who took office in March, promised a legislative agenda that prioritises fighting crime, cutting spen...
The Baku-Tbilisi-Kars (BTK) railway is resuming operations on 2 June after extensive modernisation works. Officials from Azerbaijan, Georgia and Türkiye are set to gather in Akhalkalaki for a launch event marking the reopening of one of the Middle Corridor's most important transport links.
Global pop-star Taylor Swift has announced the release of a new original song for Disney and Pixar’s animated film "Toy Story 5", following days of online speculation among fans.
Google has asked U.S. regulators for permission to release up to 32 million sterilised mosquitoes in California and Florida as part of its experimental “Debug” programme aimed at reducing populations of disease-carrying insects.
Global health organisation CEPI will provide around $60 million to Moderna and two other partners to speed up the development of vaccines targeting the Ebola Bundibugyo strain, which is currently driving an outbreak in eastern Democratic Republic of Congo.
U.S. rapper Kanye West, now known as Ye, performed to a crowd of 118,000 people in Istanbul on Saturday night, marking his first concert in Europe in more than a decade, despite being barred from performing in several countries over past antisemitic remarks.
Okinawa lost transport links and suffered widespread power outages on Monday (1 June) as Severe Tropical Storm Jangmi brought destructive winds and heavy rain to Japan's south-western islands.
U.S. Secretary of State Marco Rubio has held talks with Lebanese President and Israeli Prime Minister on efforts to ease tensions between Israel and Lebanon. According to a U.S. official, Washington has proposed a plan aimed at achieving a gradual de-escalation of hostilities.
The World Health Organisation’s designation of the Bundibugyo Ebola virus outbreak as a Public Health Emergency of International Concern (PHEIC) is a stark reminder that Ebola remains a persistent global health threat rather than a disease of the past.
The Africa Centres for Disease Control and Prevention (Africa CDC) says the Ebola outbreak in the Democratic Republic of Congo and Uganda is continuing to spread, with 263 confirmed cases and 43 deaths reported as of 30 May.
Russian air attacks on major Ukrainian cities such as Kyiv, Dnipro and Kharkiv killed at least nine and wounded more than 60 early on Tuesday, authorities said, following days of warnings that Moscow was planning a major assault.
Chile's far-right President José Antonio Kast, who took office in March, promised a legislative agenda that prioritises fighting crime, cutting spending and boosting economic growth in his first national address on Monday.
Denmark’s Social Democratic leader Mette Frederiksen said on Monday (1 June) she has agreed to form a new centre-left coalition government, securing a third consecutive term as prime minister amid heightened diplomatic tensions with the United States over Greenland.
An Iraqi man accused of helping plan attacks on behalf of the Iran-backed militia Kata'ib Hezbollah pleaded not guilty on Monday (1 June) to U.S. terrorism-related charges, declaring in a New York courtroom that he was innocent and describing the allegations against him as part of wartime context.
More than 1,500 pages of government documents relating to Peter Mandelson's appointment and tenure as UK ambassador to the U.S. have been published, revealing private exchanges with ministers, criticism of Prime Minister Keir Starmer and details of the vetting process that preceded his appointment.
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