Microsoft Corporation
MSFTpublicCloud & Enterprise Software
Primary investor in OpenAI with $13B+ committed. Azure AI services are the fastest-growing Microsoft segment. Announced $80B AI infrastructure plan for FY2025.
2024 CAPEX
$55.7B
YoY 2024 vs 2023
+65.3%
Latest Quarter
$22.0B
Q4'25
2025 Guidance
$80.0B
CAPEX History — Quarterly
Guidance Tracker
FY2025
Completed
“We are planning to invest approximately $80 billion to build out AI-enabled data centers to train AI models and deploy AI and cloud-based applications around the world.”
Guided: $80.0B
Actual to date: $83.0B
104%
FY2026
On Track
“We continue to see strong demand for our AI and cloud services. Capital expenditure investment for FY2026 will remain elevated as we scale Azure AI capacity globally.”
Guided: $85.0B–$90.0B
FY2027
Pending
“Our multi-year infrastructure roadmap supports continued investment through FY2027 and beyond.”
Guided: $90.0B–$100.0B
Key Quotes
Amy Hood·CFO·2025-01-29
“We expect capital expenditures to increase on a sequential basis as we continue to invest in our cloud and AI infrastructure.”
Q2 FY2025 Earnings Call
Partnerships & Investments
OpenAI
Microsoft has committed $13B+ to OpenAI. Azure is OpenAI's exclusive cloud provider.
$13.0B
investment
G42
$1.5B investment in UAE-based G42; Azure partnership for Middle East AI expansion.
$1.5B
investment
cloudAIAzureOpenAIenterprisehyperscalermag7