Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

Brad Smith, Vice Chair and President at Microsoft, participated in the first day of the Web Summit in Lisbon, Portugal, on November 12, 2024. The conference, hosting 71,528 attendees from 153 countries and 3,050 companies, highlighted AI as the most prominent industry. AI was a key focus at the event, showcasing its significance in the technology sector.

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