Microsoft spends $6.5 billion less than expected on AI infrastructure, but it's not because the company is cutting back

2 weeks ago 29

Microsoft spent $45.2 billion on capital expenditures, including finance leases, in the September quarter, compared with the $51.7 billion expected by analysts cited by the Financial Times. That's still around 30% more than a year earlier, illustrating just how expensive the AI infrastructure race has become.

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