Microsoft Surges on Robust Cloud Growth, Record AI Spending

AI Infrastructure Spending Hits Record for Microsoft

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By Matt Day

July 30, 2025 at 4:15 PM EDT

Updated on

July 31, 2025 at 9:39 AM EDT

Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its artificial intelligence services.

Investors, applauding accelerating growth in the company’s cloud-computing unit, sent the shares up sharply.