Microsoft Corporation’s $190 Billion AI Bet Is the Number Wall Street Can’t Ignore
Microsoft Corporation has slapped a $190 billion estimate on what it expects to spend building out AI through 2026, while also projecting Azure growth that tops what analysts had penciled in. That cloud optimism, though, comes with a hefty data-center tab. Shares wobbled at first after the numbers dropped, but regained their footing as executives flagged demand staying out in front of supply.