Microsoft (MSFT. O) and NVIDIA (NVDA. O) rose 2 percent in after-hours trading, while Arm (ARM. O) and Oracle (ORCL. N) rose 3 percent after Trump announced plans to invest as much as $500 billion in AI infrastructure.
Microsoft (MSFT. O) will donate $1 million to President-elect Trump's inauguration fund, matching donations from Google, Amazon, Meta, Apple CEO Tim Cook and OpenAI CEO Sam Altman, a spokeswoman confirmed. The company donated $500,000 each to Trump's committee in 2017 and to President Joe Biden's committee in 2021, double the previous donation. It is a symbol of the tech industry's sweeping efforts to curry favor with Trump. Since Trump's election in 2024...
On January 4th, according to CNBC, Microsoft (MSFT. O) said in a blog post on Friday that Microsoft will spend $80 billion on AI data centers in fiscal year 2025. Brad Smith, Microsoft's vice chairperson and president, wrote that more than half of Microsoft's $80 billion spending will go to the United States. Microsoft's fiscal year 2025 ends in June this year.
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.
According to sources, Microsoft (MSFT. O) will add non-OpenAI models to Power 365 Copilot.
Market news: Preliminary voting shows that Microsoft (MSFT. O) shareholders voted against a bitcoin investment proposal.
According to The Verge, Microsoft (MSFT. O) has accused the US FTC of leaking news of its antitrust investigation. Previously, according to The Information, Microsoft's artificial intelligence software sales and OpenAI transactions have become the target of the US FTC (FTC) investigation.
Market news: U.S. antitrust watchdogs have launched a wide-ranging investigation into Microsoft (MSFT. O).