"Microsoft Aims for 1.8M AI Chips and Doubled Data Center Capacity by 2024: Reports"

Microsoft aims to acquire 1.8 million AI chips by the end of 2024, primarily from Nvidia, as part of its efforts to advance generative AI. The company plans to triple its GPU count by 2024 and expects to spend around $100 billion on GPUs and data centers from the current fiscal year to 2027. Microsoft is also working on designing its own AI chips to reduce reliance on Nvidia, but faces skepticism due to being behind in the rapidly evolving field. Other tech giants like Meta are also building significant GPU stores, contributing to Nvidia's soaring valuation.