Microsoft CFO Highlights Record $35B in AI Infrastructure Spending
Microsoft CFO Amy Hood revealed a record $34.9 billion in infrastructure expenditures for the first quarter, emphasizing heavy investment in GPUs, CPUs, and datacenter infrastructure to meet surging demand for artificial intelligence. This capex figure significantly exceeded prior forecasts and reflects the company’s commitment to rapidly expanding capacity to support AI-driven growth and customer needs. Microsoft’s CFO Highlights Record Capex, OpenAI Deal in Internal Memo – Business Insider