Microsoft plans to spend $3 billion to expand its cloud-computing and artificial intelligence capabilities in India. Read more: Click Here
Artificial intelligence (AI) has been a dominant investment theme on Wall Street in the past couple of years. Considering the rapid and broad usage of these technologies and their transformational nature, many research firms have come out with updated estimates about the AI market opportunity.
Microsoft will invest about $3 billion to expand capacity for artificial intelligence (AI) and its Azure cloud-computing services in India, CEO Satya Nadella said at an event on Tuesday.
Microsoft plans to invest an additional $3 billion to scale its cloud and AI business in India, the software giant's chief executive said Tuesday.
Microsoft (MSFT) concluded the recent trading session at $427.58, signifying a +1% move from its prior day's close.
All signs point to strong artificial intelligence (AI) demand in 2025.
Microsoft's huge AI investment plans put these ETFs in Focus.
Semiconductor stocks were boosted on Monday after Microsoft Corp (NASDAQ:MSFT) said it is on track to invest $80 billion into "AI-enabled" data centres, of which more than half will be in the USA. In a blog post published late on Friday, vice chair Brad Smith said the company's and America's technological strength was possible thanks to "partnerships founded on large-scale infrastructure investments that serve as the essential foundation of AI innovation and use.
QNX SDP 8.0 coming soon to Microsoft Azure LAS VEGAS, NV / ACCESSWIRE / January 6, 2025 / CES: QNX, a division of BlackBerry Limited (NYSE:BB)(TSX:BB) today announced it is collaborating with Microsoft to make it easier for automakers to build, test, and refine software within the cloud, accelerating the development of Software-Defined Vehicles (SDVs). As part of the collaboration, the QNX® Software Development Platform (SDP) 8.0 will soon be available on Microsoft Azure, providing developers with a robust and proven cloud environment to create, test and integrate the software that will power next-generation automotive and Internet of Things applications.
AI chips sales drove Nvidia stock higher in 2024. Now Nvidia could be building out data centers to support a cloud-based AI software business.
Microsoft (MSFT 1.14%) is one of the most valuable companies in the world when measured by market capitalization.
According to its management, Microsoft (NASDAQ: MSFT) will invest $80 billion in data centers over the next year.