Microsoft reiterates plan to invest $80 billion in AI during this fiscal year
Bankinter | Microsoft reiterates its plan to invest $80 billion in AI during this fiscal year (which ends in June) although it ‘could accelerate or strategically adjust its infrastructure in some areas.’ Bankinter’s analysis team opinion: Microsoft’s comments came after two analyst reports suggesting that Microsoft had cancelled some data centre leases. According to Bloomberg, Monday’s report stated that spending was being replaced by other competitors such as Oracle. These…