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That would be a major jump from the $72 billion that the Silicon Valley tech giant shelled out last year, as it aims to compete in the artificial intelligence race.
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading.
The electric vehicle maker’s shares are near record highs as Wall Street focuses on the company’s plans for robots and self-driving cars.
AlphaGenome is a leap forward in the ability to study the human blueprint. But the fine workings of our DNA are still largely a mystery.
The e-commerce giant has been cutting costs while pouring resources into building data centers to compete in the race to dominate artificial intelligence.
The military tested a new approach in Venezuela and during strikes on Iranian nuclear facilities.
The settlement means TikTok will avoid a trial where plaintiffs had planned to argue that social media platforms are inherently defective and subject to personal injury liability.
Driven by the artificial intelligence frenzy, Microsoft is internally projecting that water use at its data centers will more than double by 2030 from 2020, including in places that face shortages.
The tech giant has spent more than $6 million on TV ads in state capitals and Washington, with the message that data centers create jobs.
The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.