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Microsoft's going to keep spending big as AI continues to boom

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April 26, 2024, 6:20 a.m. | Shubhangi Goel (shubhangigoel@insider.com)

Business Insider www.businessinsider.com

The company shelled out nearly $11 billion for property and equipment in the third quarter — 66% more than it spent in the same period a year ago.

ai big billion boom earning-season equipment finance microsoft property spending tech the company third quarter

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