Microsoft Corp. has canceled some US data center leases for AI capacity, leading to concerns about potential oversupply. TD Cowen reported that Microsoft voided leases totaling “a couple of hundred megawatts,” equivalent to two data centers, with private operators. The reason for the lease cancellations is unclear, but it may be related to OpenAI shifting workloads to Oracle Corp. Analysts speculate Microsoft may be reallocating investments from abroad to the US. The move raises questions about Microsoft’s cautious approach to AI demand despite its plans to spend $80 billion on data centers this fiscal year. Microsoft has not provided specific details on the lease cancellations.
https://finance.yahoo.com/news/microsoft-cancels-leases-ai-data-055952585.html