Microsoft Corp.’s (NASDAQ:MSFT) commitment to fully fund its data center energy costs has drawn praise from market experts, with the Futurum Group CEO Daniel Newman predicting the tech giant is on a trajectory to reclaim a $4 trillion valuation.
Shielding Ratepayers from the AI Boom
Speaking on Fox Business, Newman championed Microsoft’s initiative to absorb the massive power costs associated with its expanding infrastructure. With the company planning to construct between 80 and 200 new data centers, the demand on local power grids is expected to skyrocket.
Newman argued that without such intervention, these expenses could unfairly burden average citizens. “I think it’s the right thing to do,” Newman said. “If we are going to build 80, 100, 200 new data centers and it’s going to incur massive costs that could be passed on to consumers, I think a company …Full story available on Benzinga.com
After Italy, WhatsApp excludes Brazil from rival chatbot ban
...
Read moreDetails
