Microsoft has set an internal target to acquire 1.8 million AI chips by the end of 2024, as revealed in a document obtained by Business Insider. The company's goal is to enhance generative AI capabilities by making them faster, more efficient, and cost-effective. To achieve this, Microsoft heavily relies on purchasing graphic processing units (GPUs) primarily from Nvidia, with plans to triple the number of GPUs in its possession by 2024.
Microsoft, in collaboration with OpenAI, is a key player in the rapidly growing field of generative AI. However, staying at the forefront of this technology comes at a significant cost. Over the period from the current fiscal year to 2027, Microsoft anticipates spending approximately $100 billion on GPUs and data centers, according to sources familiar with the company's plans.
