Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence (AI) models and deploy AI and cloud-based applications, the company said in a blog post on Friday.

Much of the $80B will go towards data centers to be used for artificial intelligence, as AI progress has resulted in the need for “large-scale infrastructure investments that serve as the essential foundation of AI innovation and use,” Microsoft Vice President Brad Smith wrote in the post.

Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence (AI) this fiscal year. For its part, Microsoft is on pace to invest about $80 billion this year to build out AI datacenters,