Fresh job cuts are sweeping the technology sector with Microsoft the latest company to be making layoffs. The tech giant is cutting less than 1% of its employees, with the reductions based on performance,
Microsoft will invest $80B in AI data centers
Microsoft plans to invest $80 billion in AI data centers, urging increased funding for AI research and a national talent strategy.
A Microsoft executive urges the US government to prevent China from dominating AI, as Huawei did with 5G. More details here.
Microsoft's President Brad Smith emphasises a national strategy for the US to lead in AI, focusing on R&D funding, education, and relaxed regulations.
More than half of the $80 billion budget is expected to be deployed in the United States. The facilities will help train AI models and distribute cloud-based applications across the globe, according to Microsoft vice chair Brad Smith.
The tech giant will funnel more than half of the investments into U.S.-based facilities, Microsoft Vice Chair and President Brad Smith said Friday.
Over half of the investment is reserved for infrastructure. Microsoft President Brad Smith frames AI investment as key to economic growth.
Over half of Microsoft’s $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This was always expected to be the case in some sectors, but Microsoft is now coming out and saying it directly.
The planned spending represents a 44% increase from last year, and more than half of it is expected to come in the U.S.
Microsoft Corp. ($MSFT), a frontrunner in the artificial intelligence (AI) revolution, has doubled up its commitment to the technology. In a blog post published on Friday, Brad Smith, Vice Chair and President of Microsoft,