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6 Jan 2025 21:09
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      Home > News > Business

    Microsoft plans to invest around $US80 billion in the expansion of data centres for artificial intelligence (AI) during the current financial year

    Microsoft plans to invest around $US80 billion in the expansion of data centres for artificial intelligence (AI) during the current financial year


    More than half of that will be invested in the United States.

    The current fiscal year for Microsoft runs until the end of June.

    The additional computing power is intended to be used for training AI models and launching AI-based features worldwide.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     05 Jan: Christchurch's Mayor anticipates keeping rates down, will likely be the city's biggest challenge this year
     05 Jan: After 50 years, the end seems nigh for the humble barcode, which is set to be gradually phased out, and replaced with a next-generation upgrade within two years
     04 Jan: Water Safety New Zealand says the country should be proud of a falling drowning rate
     04 Jan: The Reserve Bank remains on standby over summer, as the US prepares for a handover of power, and uncertainty continues in the Middle East and Ukraine
     Top Stories

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    The Detroit Lions have nabbed top seed in the NFL's NFC for the playoffs with a commanding 31-9 win over the Minnesota Vikings in the final game of the regular season More...

    BUSINESS BUSINESS
    Small businesses are hoping for a reprieve this year More...


     Today's News

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     Law and Order:
    A 37-year-old man accused of murdering a young child in Auckland has been remanded in custody without plea 18:57

     Wellington:
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     Entertainment:
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    David Schwimmer has recalled a "genuinely frightening" incident on the set of 'Friends' 18:44

     Law and Order:
    Police are investigating an incident involving an injured five-month-old baby 18:37

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