Mentioned:
The artificial intelligence infrastructure race isn’t showing any signs of slowing down yet.
What’s happening:
- Microsoft (NASDAQ: MSFT) has announced they plan to invest another $80B USD into building out new data centres globally
Why it matters:
- Microsoft has publicly stated that they are deepening their bet on data centre infrastructure to accelerate their innovation in artificial intelligence and to be able to develop new technology applications that are powered by artificial intelligence significantly faster
Going deeper:
- Roughly half of the capital Microsoft is committing to spend on new data centres will go towards projects located in the United States of America
- Microsoft has been very aggressively making moves to own more data centres for high performance computing, previously rolling out a new mega fund with BlackRock and Nvidia (NASDAQ: NVDA)
The intrigue:
- Data centres have become a big business opportunity of late, which just recently led venture capitalist Kevin O’Leary to announce plans for one of the most ambitious new data centre campuses ever in Alberta, Canada
