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The Budget Hawk Atop a Tech Giant’s $64 Billion Spending Spree

When Microsoft hired a big name in artificial intelligence, Mustafa Suleyman, earlier this year, he mentioned to a colleague that Chief Executive Satya Nadella had promised him time to build products without worrying about profitability. Microsoft’s chief financial officer of 11 years, Hood has long offered pragmatic balance to Nadella’s starry-eyed ambitions. Hood and members of the finance team—many embedded with specific Microsoft divisions—are reviewing the progress of projects nearly daily, monitoring the status of chip orders, the construction of new data centers and the development and sales of AI software, according to two sources familiar with the matter. Read More...

When Microsoft hired a big name in artificial intelligence, Mustafa Suleyman, earlier this year, he mentioned to a colleague that Chief Executive Satya Nadella had promised him time to build products without worrying about profitability. Microsoft’s chief financial officer of 11 years, Hood has long offered pragmatic balance to Nadella’s starry-eyed ambitions. Hood and members of the finance team—many embedded with specific Microsoft divisions—are reviewing the progress of projects nearly daily, monitoring the status of chip orders, the construction of new data centers and the development and sales of AI software, according to two sources familiar with the matter.

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