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 ...

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.

In a blog post entitled “The Golden Opportunity for American AI,” Microsoft (MSFT) Vice Chair and President Brad Smith stated: “Not since the ...

Both Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) saw strong growth in their cloud-computing business units in 2024.

Cloud-computing growth. Cloud computing has been one of the biggest areas of growth stemming from the rise in artificial intelligence (AI), as organizations use services from thes ...

The S&P 500 (\^GSPC 0.99%) is home to 500 companies from 11 different sectors of the economy, making it the most diversified ...

Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence ...

Nvidia's market value soared from $1.2 trillion in 2023 to $3.28 trillion in 2024, by massive demand for its AI-powered GPUs.

Despite U.S. efforts, the domestic China AI industry is rapidly innovating — and massively undercutting U.S. AI model prices.

Alibaba Group Holding's cloud computing business is collaborating with Chinese start-up 01.AI to develop artificial ...

As concerns around privacy and transparency grow, open-source AI gives organizations different opportunities for deployment ...