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Microsoft has canceled an unspecified number of data center leases amid the AI spending boom, TD Cowen analysts said in a note.The development comes as investors are closely watching whether Big ...
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion ...
In their Monday note, the analysts said: "Microsoft is still active to a degree, although it appears their run-rate data center demand is now lower vs. the torrid pace of leasing seen in 2023 and ...
Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence models and deploy AI and cloud-based applications, the company said in ...
But the two companies recently amended their partnership to enable OpenAI to pursue data center development on its own. —-Associated Press writer Jamey Keaten contributed to this report. —-The Associated Press and OpenAI have a licensing and technology agreement that allows OpenAI access to part of AP’s text archives. 02/06/2025 19:44 -0500
(Reuters) -Microsoft and OpenAI are working on plans for a data center project that could cost as much as $100 billion and include an artificial intelligence supercomputer called "Stargate" set to ...
Stargate is a potential artificial intelligence supercomputer in development by Microsoft and OpenAI, in collaboration with Oracle, SoftBank, and MGX. [275] [276] Stargate is designed as part of a greater data center project, which could represent an investment of as much as $100 billion by Microsoft. [277]
The brokerage, citing its supply chain checks, said Microsoft has canceled leases totaling "a couple of hundred megawatts" of capacity with at least two private data-center operators, the analysts ...