Earlier this year there were a lot of questions over the $100 billion investment into The Stargate Project, and Microsoft CEO Satya Nadella was quick to defend the software giant’s investment in cloud and AI data center projects. Microsoft posted its Q4 2025 fiscal earnings yesterday, revealing that Azure surpassed $75 billion in revenue over the year. Microsoft is also spending $30 billion on its AI infrastructure investments next quarter, which totals $120 billion over a year if it keeps that spending up.