Microsoft scales back AI data center expansion amid AI spending boom

According to investment firm TD Cowen, Microsoft has recently canceled leases for data center capacity in the U.S., amounting to several hundred megawatts – roughly the equivalent of two large data centers. This move comes despite the company's previously announced plans to invest over $80 billion in AI and cloud...Read Entire Article

Feb 26, 2025 - 08:30
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Microsoft scales back AI data center expansion amid AI spending boom

According to investment firm TD Cowen, Microsoft has recently canceled leases for data center capacity in the U.S., amounting to several hundred megawatts – roughly the equivalent of two large data centers. This move comes despite the company's previously announced plans to invest over $80 billion in AI and cloud...

Read Entire Article