Capital · deployed
as CEO, directing a rising majority of operating cash into the AI buildout (capex ~$107B/yr, up from $64.6B FY25) plus ~$25B/yr dividend — corporate capital he steers, not personal capital
Sourced figures 1
- kestrel board.yaml microsoft axis capex ~$107B/yr (up from $64.6B FY25) + ~$25B/yr dividend, self-earmarked from operating cash
the working
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