Microsoft plans to invest $700 billion in AI infrastructure through 2030 as it seeks a leading position in the industry. Azure has surpassed $100 billion in annual revenue, and demand reportedly exceeds supply. Microsoft is expanding its data centers and developing proprietary chips to support the buildout.
Microsoft’s latest 10-K filing reported its first workforce decline in a decade. The company had approximately 223,000 employees. The reduction is part of a broader restructuring to manage rising costs, including the capital expenditures required for its AI plans. Reported layoffs are concentrated in middle management and non-technical roles as Microsoft shifts resources toward AI.