Microsoft says it will spend $80 billion on AI data centers in fiscal year 2025

Microsoft (MSFT. O) said in a blog post Friday that it will spend $80 billion on AI data centers in fiscal year 2025, according to CNBC. Of Microsoft's $80 billion spending, more than half will go to the U.S., wrote Brad Smith, vice chairperson and president of Microsoft, which ends fiscal year 2025 in June.