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
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Don...
A United Nations official has accused Hamas of interfering with humanitarian aid distribution in the Gaza Strip, adding further pressure on civilians ...
Australia's internet safety regulator has accused some of the world's biggest technology companies of failing to do enough to combat child sexual abus...
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
A United Nations official has accused Hamas of interfering with humanitarian aid distribution in the Gaza Strip, adding further pressure on civilians already facing severe shortages and worsening living conditions.
Australia's internet safety regulator has accused some of the world's biggest technology companies of failing to do enough to combat child sexual abuse and the growing threat of online sexual extortion.
The Trump administration has announced restrictions preventing American citizens in the Democratic Republic of Congo (DRC) from boarding commercial flights to the United States amidst a growing Ebola outbreak.
The 4th Shusha Global Media Forum will bring together nearly 160 media leaders, experts and officials from 54 countries in Azerbaijan's historic city of Shusha on 13-14 July, to discuss journalism’s role in peacebuilding, restoring public trust and tackling challenges.
Typhoon Bavi, the strongest storm to hit the eastern coast of mainland China this year, brought heavy rain, strong winds, flooding and landslides after making landfall in Zhejiang province on Sunday. More than 2.8 million people were evacuated to safety ahead of the storm.
President Ilham Aliyev is holding his annual question-and-answer session with international journalists at the 4th Shusha Global Media Forum in Azerbaijan.
The United States and Iran have significantly escalated their conflict, exchanging heavy missile and drone strikes across the Gulf region. Iran claims it has once again closed the Strait of Hormuz, a vital global shipping route.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 13th of July, covering the latest developments you need to know.
A United Nations official has accused Hamas of interfering with humanitarian aid distribution in the Gaza Strip, adding further pressure on civilians already facing severe shortages and worsening living conditions.
Australia's internet safety regulator has accused some of the world's biggest technology companies of failing to do enough to combat child sexual abuse and the growing threat of online sexual extortion.
U.S. Immigration and Customs Enforcement (ICE) officers fatally shot a driver in a coastal town of Maine on Monday, less than a week after an ICE agent in Houston, Texas, shot and killed a man in a traffic stop during a deportation crackdown there.
The Trump administration has announced restrictions preventing American citizens in the Democratic Republic of Congo (DRC) from boarding commercial flights to the United States amidst a growing Ebola outbreak.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of July, covering the latest developments you need to know.
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