Microsoft plans to invest more than $30 billion in capital expenditures in the upcoming quarter — a new high — as it races to expand its cloud and AI capacity. Amy Hood, the company’s chief financial officer, disclosed the figure on Microsoft’s earnings call after the company reported stronger-than-expected results for its fiscal fourth quarter, including $76.4 billion in revenue, up 18% from a year earlier, and earnings of $3.65 per share, a 24% increase. The company reported $24.2 billion in c...