Microsoft Tightens Oversight of Neocloud Vendors After Data Center Delays, Costs

Cointime reports: Microsoft is tightening oversight of data center projects with neocloud providers Nebius Group NV, IREN Ltd. and Nscale Plc., exiting projects it deems risky and debating internally whether to sign new neocloud agreements, people familiar said. On a recent earnings call, CFO Amy Hood said delays in third-party capacity deliveries disrupted the company’s spending plans — the third time she has raised the issue on an earnings call.