Microsoft to Cover Power Costs for AI Compute Expansion, Plans $117 Billion Investment

Noel Walsh, head of Microsoft’s Cloud Operations and Innovation, stated that the company will bear the power costs associated with the expansion of its data centers, without relying on government subsidies or passing costs onto other electricity consumers. This year, Microsoft plans to invest $117 billion in AI and cloud service computing power. The company is collaborating with Chevron and investment firm Engine No. 1 to advance large data center and supporting power projects in West Texas, known as Project Kilby. Despite previous local approval pauses affecting the project, construction is still planned to start in 2028, with full operations expected by 2031. Chevron noted that the project will create jobs and stabilize tax revenue for the local community, while Microsoft emphasized that data center construction must bring net benefits to the communities where they are located; otherwise, it will be difficult to sustain progress.

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