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Industry ● Covered in 1 story + Follow
This profile is built automatically from TLDRocket coverage.
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TLDRocket
29 October 2026
The story behind today’s AI news is less about smarter models and more about who pays the power bill. Microsoft is projecting calendar-year 2026 capex of about $170 billion, with more than $50 billion expected in the current quarter, even as it tries to keep Azure growth climbing. The company also posted $36.6 billion in profit for the three months ending September 30, but that figure lands on the heels of layoffs and voluntary buyouts for roughly 60,000 workers—an effort to fund infrastructure without turning the profit story into a permanent casualty.
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