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

Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.

Microsoft President and Vice Chair Brad Smith has revealed that the tech giant plans to invest about $80 billion in data centers this fiscal year for training artificial intelligence models and deploying AI and cloud-based applications worldwide while touting the vendor’s extensive partner ecosystem.

Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence (AI) this fiscal year. For its part, Microsoft is on pace to invest about $80 billion this year to build out AI datacenters,

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 plans to invest around $80 billion in the expansion of data centres for artificial intelligence (AI) during the current financial year - with more than half of that to be invested in the United States.