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Microsoft speeds up in Big Tech's data center spend-off [Business Insider]
Last microsoft corporation earnings: 4/29 04:06 pm
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US:NASDAQ Investor Relations: microsoft.com/en-us/investor
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Microsoft, Amazon, Google, and Meta reported quarterly earnings on Wednesday. Big Tech is spending hundreds of billions in the AI race. Microsoft announced the most significant increase in capex spending. AI-generated summary Summaries are generated by an AI model trained on Business Insider's articles. AI may make mistakes or provide inaccurate/incomplete information. We're unable to load that answer right now. Please try again. What drives AI investment increases? What are the risks of huge capex spending? What strategies help tech giants stay competitive? How do companies measure capex ROI? How does cloud growth impact spending? Microsoft is speeding up in the AI race. Loading audio narration... The tech giant surprised investors on its quarterly earnings call on Wednesday by announcing plans to spend $190 billion in ca
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