"Microsoft Sours on Neoclouds Owing to Data Center Delays, Costs; Microsoft Is Tightening Oversight Of Some Data Center Projects From Nebius Group, IREN, And Nscale; IREN & Microsoft Officials Met And Negotiated Revised Timeline That May Push Back Texas Site’s Completion By Several Weeks Or Months" - Bloomberg Exclusive
https://www.bloomberg.com/news/articles/2026-11-05/microsoft-sours-on-neoclouds-iren-nebius-nscale-on-delays-costs?leadSource=uverify%20wall
Microsoft is slowing down some data center projects with partners because of delays and extra costs. When big companies pump the brakes on spending plans, it signals they are being more careful about money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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