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18 Jan 2026 10:57
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      Home > News > Business

    Microsoft plans to invest around $US80 billion in the expansion of data centres for artificial intelligence (AI) during the current financial year

    Microsoft plans to invest around $US80 billion in the expansion of data centres for artificial intelligence (AI) during the current financial year


    More than half of that will be invested in the United States.

    The current fiscal year for Microsoft runs until the end of June.

    The additional computing power is intended to be used for training AI models and launching AI-based features worldwide.

    © 2026 Newstalk ZB, NZCity

     Other Business News
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     17 Jan: An additional OCR cut is not expected for a while, and there even could be a hike
     17 Jan: Finance Minister Nicola Willis has dropped some hints about this year's budget
     16 Jan: Kiwis are feeling the pinch more at the checkout - than they are at the pump
     16 Jan: Good news for our manufacturing sector
     16 Jan: ???1;The construction sector's feeling optimistic, despite weak demand
     15 Jan: Signs of recovery in at least parts of the retail sector
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     Today's News

    		 Environment:
    Torrential downpours in parts of Northland overnight have seen residents wake up to floodwaters 10:47

     Health & Safety:
    Auckland University scientists have received one million dollars to advance skin cancer treatments 10:27

     Living & Travel:
    Black Foils driver Peter Burling is giving his side of their weekend-ending crash at the Sail GP season-opening event in Perth 10:27

     International:
    Australian woman documents her stint in Chinese weight loss 'prison' 10:27

     Entertainment:
    Lala Kent suffered "disgusting" boils after being bitten by an insect 10:23

     Accident and Emergency:
    A serious crash in Whakatane has left one person dead 10:07

     Entertainment:
    Kerry Katona has made "millions" from OnlyFans 9:53

     Environment:
    There's reports of flooding in Northland following heavy rain 9:47

     Accident and Emergency:
    A person's died after a serious crash in Haruru in the Far North early this morning 9:27

     Entertainment:
    Reese Witherspoon has warned fans to be vigilant about scammers impersonating her on social media 9:23

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