The first phase alone of Microsoft’s data center in Mount Pleasant will consume enough megawatts of electricity to power several hundred thousand homes.

Over half of the investment is reserved for infrastructure. Microsoft President Brad Smith frames AI investment as key to economic growth.

More than half of the $80 billion budget is expected to be deployed in the United States. The facilities will help train AI models and distribute cloud-based applications across the globe, according to Microsoft vice chair Brad Smith.

According to a report from CNBC, Microsoft (MSFT, Financial) is making a bold move to solidify its dominance in the artificial intelligence space and plans to invest $80 billion in AI-enabled data centers by the end of its fiscal 2025.

Many companies and brands have begun shifting to more sustainable practices in recent years. Microsoft has long been leading the charge, pledging to be carbon negative by 2030. And it's now added another tactic in the fight for sustainability: building data centers made of wood and other low-carbon materials.

Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence (AI) models and deploy AI and cloud-based applications, the company said in a blog post on Friday.

Tech giant Microsoft has unveiled plans to invest $3bn to bolster cloud and AI infrastructure in India over the next two years. The investment aims to bolster India's long-term competitiveness by equipping ten million people with AI skills over the next five years.

Microsoft CEO Satya Nadella announces a $3 billion investment in India's cloud and AI infrastructure, including new data centers. The company aims to train 10 million people with AI skills by 2030, highlighting AI's diffusion in India as exciting and emphasizing the need for innovative infrastructure.

Brad Smith, the Microsoft Vice Chair and President, has revealed how the technology giant plans to move forward with its support for AI technology. The announcement comes as global investment in AI infrastructure is expected to reach $300 billion by 2026.