In addition to its hardware investments, Microsoft has strengthened its focus on AI by deepening its partnership with OpenAI and participating in a $6.6 billion funding round for the company in October. Furthermore, Microsoft signed a deal to reopen the Three Mile Island nuclear plant, securing a 20-year agreement to purchase all the power generated to support its data centers.
Key takeaways:
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- Microsoft purchased 485,000 Nvidia Hopper chips in 2024, more than twice the amount bought by its biggest rivals.
- The company's 2024 chip purchase tripled the number of Nvidia chips it bought in 2023.
- Microsoft is developing its own custom AI chips, named Maia, announced at the Ignite conference in late 2023.
- Microsoft deepened its partnership with OpenAI and participated in a $6.6 billion funding round in October 2024.