Microsoft has earmarked $80 billion in fiscal 2025 to build data centers designed to handle artificial intelligence workloads, according to a company blog

The software giant's president, Brad Smith, said Friday in a blog post that more than half of the $80 billion would be spent in the U.S.

Microsoft is investing $80 billion in 2025 to build AI-focused data centers, with most of the spending in the U.S. Vice Chair Brad Smith said the U.S. leads the global AI race because of private investments and innovation and urged quick action to stay ahead of growing competition from China.