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11 Jan 2025 2:31
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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
     10 Jan: It's been a slow end to the year for one of our largest retail companies
     10 Jan: New findings point to the huge positive impact the construction industry could have on the environment
     10 Jan: Slow construction growth should improve into this year
     09 Jan: New Otago University research has found not all unwanted food is able to be re-purposed in a sustainable way
     09 Jan: Travellers through Northland can expect disruption as a large road restoration programme rolls on
     09 Jan: Uncertainty over what's next for Wellington's now sold Reading Cinema Complex
     08 Jan: Safe drinking advocates are celebrating, over a licensing decision refusing 'buy now, pay later' schemes in bottle stores
     Top Stories

    RUGBY RUGBY
    Wallabies utility Kurtley Beale has returned to the Western Force with a view to playing later in the Super Rugby season More...

    BUSINESS BUSINESS
    It's been a slow end to the year for one of our largest retail companies More...


     Today's News

    		 International:
    LA fires live updates: Wildfire death toll rises as National Guard arrives in LA to deter looting 22:06

     Law and Order:
    One prisoner's in a serious condition, after they lit a fire in a cell at Spring Hill Corrections Facility in the Waikato, this afternoon 21:56

     Entertainment:
    Paris Jackson is celebrating five years of sobriety 21:49

     Environment:
    Los Angeles wildfires death toll rises as Palisades and Eaton blazes remain uncontained 21:47

     Entertainment:
    Sharon Stone is "choosing to be happy" after her past traumas 21:19

     Law and Order:
    One person's in a serious condition, after an incident at Spring Hill Corrections Facility in the Waikato 21:16

     International:
    Jimmy Carter's granddaughter married an Aussie 'playboy'. Here's how he won over the ex-president 21:07

     Entertainment:
    Meghan, Duchess of Sussex has announced the death of her rescue dog 20:49

     Entertainment:
    Zendaya tried to keep her engagement to Tom Holland "a secret" 20:19

     Entertainment:
    Elijah Wood has seemingly confirmed that he has married Mette-Marie Kongsved 19:49

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