Microsoft Slated to Invest $80 Billion in AI-Enabled Data Centers This Fiscal Year
Main points
- Microsoft plans to spend $80 billion by the end of this fiscal year on the data centers needed to train and run artificial intelligence, President Brad Smith said in a blog post on Friday.
- More than half of the investment will occur domestically, Smith said.
- In addition to private investment in AI, public sector support is also important, Smith said.
- He said government regulation of the technology will play an important role in supporting U.S. companies in other countries.
Microsoft(Microsoft CorporationAbout $80 billion is expected to be spent this fiscal year on data centers that drive artificial intelligence, President Brad Smith wrote in a blog post that also urged incoming President Donald Trump to A “golden opportunity” for general investment in the domestic economy.
Smith said the United States is leading a “world-changing” technology boom thanks to collaboration between technology companies, chip suppliers and software developers on artificial intelligence. Smith said Microsoft will keep the momentum going by investing more than half of its $80 billion in U.S. data centers.
The news comes as U.S. technology companies for trillions Access to the data centers upon which AI relies, and Looking for nuclear power Provide them with motivation.
“Today, the United States is leading the global race in artificial intelligence, thanks to private capital investment and innovation by American companies of all sizes, from dynamic startups to established enterprises,” Smith said.
But Smith said the country can best take advantage of emerging technologies if the government, education system and nonprofit sector also help usher in the AI era. He urged the Trump administration to increase available funding for artificial intelligence research and develop a national “talent strategy” to train Americans in the technology.
Smith also asked the administration to consider how artificial intelligence regulations will affect U.S. companies’ overseas prospects as competition with Chinese rival companies intensifies.
“The nation’s most important public policy priority should be ensuring that the American private sector can continue to ride this wave,” Smith said. “The United States cannot afford to slow the growth of its own private sector through heavy-handed regulation.”