Microsoft (MSFT) has pledged to bear the higher electricity costs near its artificial intelligence data centers in response to community concerns about energy and water usage. President Brad Smith outlined a five-point plan focusing on electricity, water resources, employment, taxes, and skills. The company is also advancing a new facility in Michigan as part of its over $80 billion AI infrastructure investment plan for fiscal year 2026. However, these community-focused initiatives are believed to potentially cut into profits, causing Microsoft's stock price to decline over the past day.
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Microsoft (MSFT) has pledged to bear the higher electricity costs near its artificial intelligence data centers in response to community concerns about energy and water usage. President Brad Smith outlined a five-point plan focusing on electricity, water resources, employment, taxes, and skills. The company is also advancing a new facility in Michigan as part of its over $80 billion AI infrastructure investment plan for fiscal year 2026. However, these community-focused initiatives are believed to potentially cut into profits, causing Microsoft's stock price to decline over the past day.