Microsoft Sours on Neoclouds IREN, Nebius, Nscale on Delays, Costs

· Bloomberg ·

1 min read Original article ↗
The Nscale data center project in Barstow, Texas, on Oct. 15.Photographer: Eli Hartman/Bloomberg

Takeaways by Bloomberg AI

Microsoft Corp. helped create the “neocloud” boom, signing tens of billions of dollars in contracts with upstart data center operators in an effort to sate the crushing appetite for its cloud and AI services.

Now, as neocloud companies grapple with delays, regulatory snags and high costs, some key Microsoft leaders have developed a case of buyer’s remorse.