Microsoft's Huge Plans for Mass AI Data Centers Now Rapidly Falling Apart

In yet another sign that tech giant Microsoft is getting cold feet about overinvesting in AI infrastructure, the company has abruptly paused work on data centers in Ohio. As Bloomberg reports, the decision came to the surprise of officials who had agreed to develop a site near the city of Heath just two months prior. In late March, Microsoft told them it would be stopping the project, in addition to two other halted site developments in two nearby cities in the state. One of the projects outside of Columbus was valued at $1 billion, according to CBS News. It's the latest indication that Microsoft is looking to pull back as the AI industry continues to pour billions into building out infrastructure. Earlier this month, Bloomberg found that the software company had halted and delayed the development of data centers in Indonesia, the UK, Australia, Illinois, North Dakota, and Wisconsin. Investment bank TD Cowen also told the publication in February that Microsoft had canceled some lea ... Read full article.