Watch now | Microsoft plans to spend roughly $190 billion this year and still expects to run short on capacity.

Nvidia says hyperscalers will keep spending heavily on AI hardware as long as bond markets cooperate, with projections pointing toward $1T in annual data center spending by 2028.

Microsoft’s AI doesn’t (yet) deploy itself, so the company is assigning its “forward-deployed engineers” to help EY staff roll out agentic AI for clients.