PYMNTS.com January 3, 2025
Microsoft plans to invest $80 billion to build data centers in fiscal 2025, aiming to use them to power the development and use of artificial intelligence (AI).
The company is doing so amid a “golden opportunity for American AI,” Microsoft Vice Chair and President Brad Smith wrote in a Friday (Jan. 3) blog post.
More than half of this investment in AI infrastructure will be deployed in the United States, according to the post.
“The massive datacenters that make all this possible are being built by construction firms, steel and other manufacturers, and innovative advances in electricity and liquid cooling, all reliant on large numbers of skilled electricians and pipefitters, including members of organized labor unions,” Smith wrote.
It was...
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