1 min read
Add as a preferred source on Google

Microsoft Exits Three NScale Projects as Its Neocloud Stance Cools

Data center delays tied to IREN’s Texas site selection and cost issues have contributed to Microsoft’s cooler stance toward neocloud projects.

Unfinished data center buildings stand across a graded construction site / TokenPost.ai
Unfinished data center buildings stand across a graded construction site / TokenPost.ai

Microsoft has exited three NScale projects as its approach to neocloud developments cools. Data center delays and cost issues contributed to that shift, and the company is increasing oversight of NScale, IREN and Nebius.

Separately, data center delays are tied to IREN’s site selection in Texas.

In an earlier U.K. project, Microsoft withdrew from a planned anchor customer role at NScale’s Loughton AI data center in Essex.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…