<ul><li>Microsoft has reportedly cancelled leases for AI data centre capacity in the US, raising concerns about the long-term sustainability of AI infrastructure investments.</li><li>The decision suggests Microsoft may be reassessing its AI computing needs, even as it plans to spend $80 billion this fiscal year on expanding computing capacity.</li><li>The cancellation of the data centre leases and the halt in conversions of statement of qualifications have sparked speculation over whether Microsoft is adjusting its AI strategy due to potential overcapacity.</li><li>OpenAI, a former exclusive cloud partner of Microsoft, is planning to shift its workload to Project Stargate for its computing needs, which could supply significant computing power by 2030.</li></ul>

Microsoft Rethinks Compute Needs, Cancels AI Data Centre Leases

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