Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.

The planned spending represents a 44% increase from last year, and more than half of it is expected to come in the U.S.

While Microsoft is thinking on a global scale, the company's Vice Chair and President said more than half of this total investment will be in the US

The boss of US chip giant Nvidia has unveiled the firm's next-generation of gaming chips and pledged the "ChatGPT moment for general robotics is just around the corner". The annou