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
Kazakhstan has concluded its first election to the new unicameral Kurultai, with turnout reaching 74.19 per cent, as vote counting begins following...
The Democratic Republic of Congo is set to receive 70,000 doses of the Ebola vaccine Ervebo as health authoriti...
U.S. President Donald Trump has vowed...
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
U.S. President Donald Trump said Iran was not ready to make what he called the "right deal" with Washington as tensions persisted over the war and the Strait of Hormuz.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 22nd of August, covering the latest developments.
The Democratic Republic of Congo is set to receive 70,000 doses of the Ebola vaccine Ervebo as health authorities race to contain what has become the country's largest Ebola outbreak on record.
Kazakhstanis went to the polls on Sunday in a snap parliamentary election held under the country’s new constitutional system, which replaces the former two-chamber parliament with a single 145-seat legislature known as the Kurultai.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
Syria expects negotiations with Israel over a security agreement to resume soon despite deep mistrust between the two sides, Syrian Foreign Minister Asaad al-Shaibani said in an interview with Reuters, urging Israel to seize an "historic opportunity" as the door for diplomacy is open.
India's Coast Guard and Navy continued search-and-rescue operations off the eastern coast on Sunday after a Panama-flagged cargo vessel carrying 24 crew sank, with two Chinese nationals rescued, a senior official said.
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