More reports of Microsoft stepping back on data center plans
Amid an industry-wide frenzy to build massive data centers to power companies’ AI goals, Microsoft appears to be taking a significant step back from its plans.
Bloomberg is reporting that Microsoft is delaying or canceling plans for data centers in Indonesia, the UK, and Australia as well as its US projects underway in Illinois, North Dakota, and Wisconsin.
This news follows earlier analyst reports that the company was pulling back from its data center plans.
Big Tech has been splurging to the tune of hundreds of billions of dollars on data centers around the world while it tries to figure out how to turn AI into a profitable business.
An OG tech giant like Microsoft, with such a huge amount of skin in the game (like its $13 billion partnership with OpenAI), retreating from this infrastructure build-out could send a shiver through the industry.
This news follows earlier analyst reports that the company was pulling back from its data center plans.
Big Tech has been splurging to the tune of hundreds of billions of dollars on data centers around the world while it tries to figure out how to turn AI into a profitable business.
An OG tech giant like Microsoft, with such a huge amount of skin in the game (like its $13 billion partnership with OpenAI), retreating from this infrastructure build-out could send a shiver through the industry.
