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Investing.com -- Microsoft Corp. has committed more than $60 billion to neocloud data center companies as the tech giant races to secure enough computing capacity for its artificial intelligence needs.
The largest portion of this investment—approximately $23 billion—is going to British startup Nscale, according to a report Tuesday from Bloomberg News, citing sources familiar with the matter who requested anonymity because the amount had not been previously disclosed.
The arrangement with Nscale will provide Microsoft access to about 200,000 of Nvidia Corp.’s latest GB300 chips at facilities located in the United Kingdom, Norway, Portugal, and Texas.
Microsoft’s financial commitments to these neocloud companies have approximately doubled since early October, highlighting the accelerating pace of investment in AI infrastructure.
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