Satya Nadella – How Microsoft is preparing for AGI

As part of this interview, Satya Nadella gave me and Dylan Patel (founder of SemiAnalysis) an exclusive first-look at their brand-new Fairwater 2 datacenter. Microsoft is building multiple Fairwaters, each of which has hundreds of thousands of GB200s & GB300s. Between all these interconnected buildings, they’ll have over 2 GW of total capacity. Just to give a frame of reference, even a single one of these Fairwater buildings is more powerful than any other AI datacenter that currently exists. Satya then answered a bunch of questions about how Microsoft is preparing for AGI across all layers of the stack. 𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊𝐒 * Transcript: https://www.dwarkesh.com/p/satya-nadella-2 * Apple Podcasts: https://podcasts.apple.com/us/podcast/satya-nadella-how-microsoft-is-preparing-for-agi/id1516093381?i=1000736461892 * Spotify: https://open.spotify.com/episode/290a568fldDQBrPhYOCZFK?si=71a120f868384ffd 𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒 * Labelbox produces high-quality data at massive scale, powering any capability you want your model to have. Whether you’re building a voice agent, a coding assistant, or a robotics model, Labelbox gets you the exact data you need, fast. Reach out at https://labelbox.com/dwarkesh * CodeRabbit automatically reviews and summarizes PRs so you can understand changes and catch bugs in half the time. This is helpful whether you’re coding solo, collaborating with agents, or leading a full team. To learn how CodeRabbit integrates directly into your workflow, go to https://coderabbit.ai/dwarkesh To sponsor a future episode, visit https://dwarkesh.com/advertise. 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 00:00:00 - Fairwater 2 00:04:15 - Business models for AGI 00:13:42 - Copilot 00:20:56 - Whose margins will expand most? 00:37:12 - MAI 00:48:42 - The hyperscale business 01:03:39 - In-house chip & OpenAI partnership 01:10:30 - The CAPEX explosion 01:16:01 - Will the world trust US companies to lead AI?