tech

Microsoft signs $130bn in data centre leases as it races to meet AI demand

Revenue in tech group’s intelligent cloud segment surges 32% to $39.3bn

Microsoft signs $130bn in data centre leases as it races to meet AI demand

TL;DR

  • Microsoft signs $130 billion in data center leases.
  • The leases are to meet the growing demand for AI.
  • The intelligent cloud segment revenue surged by 32%.
  • Intelligent cloud segment revenue reached $39.3 billion.