Microsoft Signs Record $10B Renewable Energy Deal for AI Expansion

May 6, 2024, 04:26 PM

Microsoft has entered into a significant renewable energy agreement, signing a $10 billion deal with Brookfield to develop 10.5 gigawatts of wind and solar farms in the US and Europe from 2026 to 2030. This initiative, the largest corporate renewable energy purchase to date, aims to support Microsoft's expanding AI operations and its commitments to reduce carbon emissions. The deal is a response to the growing energy demands of AI technologies and data centers, which are expected to be substantial as AI applications increase.