Microsoft CEO Satya Nadella mentioned that the company is evaluating demand, workload patterns, and location before committing to data centre projects.
Nadella emphasized the importance of aligning builds and leases with future workload growth, considering factors like AI workloads and global demand.
Microsoft CFO Amy Hood noted that these decisions have long lead times, with land acquisition to build-out stretching from five to seven years.
Despite cancelling some projects, Microsoft continues to aggressively invest in expanding its data centre capacity and plans to increase it in Europe by 40% over the next two years.