👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔♂️ A friendly human may check it before it goes live. More news here
🧔♂️ A friendly human may check it before it goes live. More news here
Microsoft tightens oversight of AI cloud partner projects
Microsoft has tightened oversight of some data center projects involving cloud providers Nebius, IREN, and Nscale, according to people familiar with the matter.
Shares of the companies fell in afternoon trading.
Nebius, an AI cloud provider based in the Netherlands, and IREN, an Australia-based data center operator focused on AI and cloud infrastructure, each fell more than 13%.
CoreWeave, another cloud computing provider, fell 11%.
Nebius announced a multibillion-dollar AI infrastructure deal with Microsoft.
IREN said it signed a US$9.7 billion agreement with Microsoft to deploy AI cloud infrastructure.
🔗 Source: Reuters
