Microsoft, Google Donate $1 Million Each
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 plans to invest $80 billion in AI data centers, urging increased funding for AI research and a national talent strategy.
Microsoft is set to double down on its generative artificial intelligence efforts in 2025 following the company's Vice Chair and President, Brad Smith's recent announcement of the tech giant's plans to invest up to $80 billion in building data centers.
Over half of the investment is reserved for infrastructure. Microsoft President Brad Smith frames AI investment as key to economic growth.
While Microsoft is thinking on a global scale, the company's Vice Chair and President said more than half of this total investment will be in the US
For this reason, a Microsoft executive is urging the US government to take action to prevent China from taking the lead in AI, as Huawei did with 5G. Brad Smith, Microsoft’s Vice Chairman and President,
Microsoft's President Brad Smith emphasises a national strategy for the US to lead in AI, focusing on R&D funding, education, and relaxed regulations.
Microsoft Corp. ($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,
Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.
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.
Smith acknowledges Microsoft’s past, noting that the company has 228,000 employees and 290,000 alumni. Microsoft even has its own nonprofit organization, the Microsoft Alumni Network, that operates from its Redmond campus.