Microsoft has entered into agreements to lease new data center capacity worth more than $130 billion over the past quarter, according to the company’s financial report for the quarter and full year ended in June.
These large‑scale contracts are part of Microsoft’s strategy to expand its computing infrastructure in response to surging demand for AI services. The company is scaling up resources to support artificial intelligence developers, including OpenAI and Anthropic, which require vast amounts of computing power to train and operate state‑of‑the‑art models.
The company’s cloud business generated 59.3 billioninrevenueforthequarter,representinga27 678 billion.
Microsoft’s total revenue for the period came in at 90 billion,up18 35.8 billion.
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