Microsoft Cancels AI Leases
This is a US news story, published by MSN, that relates primarily to Satya Nadella news.
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excess data center capacityTechRadar
•Technology
Technology
Is Microsoft hesitating on AI? Days after CEO said it would be upping capacity, analyst claims tech giant has actually cancelled data center leases
83% Informative
TD Cowen analysts say Microsoft has cancelled leases in the US with at least two private data center operators.
The company has said it expects to spend $80 billion this fiscal year on AI data centers.
Analyst believes the shift is linked to OpenAI which Microsoft has close ties to.
Chief Executive Officer Satya Nadella said Microsoft has to sustain spending to meet more demand.
VR Score
82
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80
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58
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English
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66
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6
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