Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence models and deploy AI and cloud-based applications, the company said in a ...

Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence (AI) this fiscal year.

Microsoft announced it would be investing $80 billion of its budget for the fiscal year 2025 on building AI specific data ...

However, two hedge fund billionaires sold Microsoft and bought Meta Platforms in the third quarter: Stephen Mandel of Lone Pine Capital sold 364,426 shares of Microsoft, reducing his position by 18%.