Microsoft walking away from datacenter leases (probably) isn't a sign the AI bubble is bursting

Why lease space that can't power or cool 120kW racks - or the next-gen 600kW monsters?

Comment Microsoft has walked away from negotiations to lease two gigawatts worth of datacenter capacity in the US and Europe, and has deferred and cancelled other datacenter leases, according to a new report from investment bank TD Cowen....