Microsoft (MSFT) has canceled an unspecified number of data center leases amid the AI spending boom, TD Cowen analysts said in a note. The development comes as investors are closely watching ...

(Reuters) -Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in the last six months due to an oversupply relative to its current demand ...

Based on the easing of exclusivity by the two companies, analysts say these moves aren’t surprising, but they do have broader market implications. OpenAI is reportedly contemplating building its ...

Microsoft Corp. has canceled multiple data center leases and may scrap several more that are currently in the works, Bloomberg reported today. A significant percentage of tech giants’ data ...

Bloomberg reports Microsoft won't go ahead with multiple data center projects worldwide It's the third report claiming Microsoft's more cautious approach to its data center projects There are ...