By Ellen Thomas
Publication Date: 2026-04-29 23:13:00
Microsoft is speeding up in the AI race.
The tech giant surprised investors on its quarterly earnings call on Wednesday by announcing plans to spend $190 billion in capital expenditures this year.
It’s a big jump from analysts’ estimates. Now, Microsoft’s capex guidance is nearly as high as the $200 billion its rival Amazon has said it will spend on capex in 2026.
Microsoft’s cloud revenue is growing, though not quite as fast as investors would like, especially given power and…
