Miguel Afonso Caetano on Nostr: "Microsoft chose not to exercise a nearly $12 billion option to buy more data-center ...
"Microsoft chose not to exercise a nearly $12 billion option to buy more data-center capacity from CoreWeave, people familiar with the matter said, a sign that big tech companies are starting to right-size and tailor their AI budgets.
CoreWeave, which is readying for the year’s most closely watched IPO, quickly found another buyer — OpenAI snapped up the contract last week — and Microsoft has reiterated its plan to spend $80 billion on AI. Nvidia CEO Jensen Huang told thousands of eager fans at the company’s annual conference on Tuesday that the appetite for AI is only growing, and the limiting factor is the raw power needed to run increasingly gargantuan data centers.
Coreweave and Microsoft declined to comment.
The Financial Times reported earlier this month that Microsoft had “walked away from some of its commitments,” a characterization that CoreWeave disputed."
https://www.semafor.com/article/03/20/2025/microsoft-chose-not-to-exercise-12-billion-coreweave-option
#AI #GenerativeAI #CloudComputing #Microsoft #CoreWeave
CoreWeave, which is readying for the year’s most closely watched IPO, quickly found another buyer — OpenAI snapped up the contract last week — and Microsoft has reiterated its plan to spend $80 billion on AI. Nvidia CEO Jensen Huang told thousands of eager fans at the company’s annual conference on Tuesday that the appetite for AI is only growing, and the limiting factor is the raw power needed to run increasingly gargantuan data centers.
Coreweave and Microsoft declined to comment.
The Financial Times reported earlier this month that Microsoft had “walked away from some of its commitments,” a characterization that CoreWeave disputed."
https://www.semafor.com/article/03/20/2025/microsoft-chose-not-to-exercise-12-billion-coreweave-option
#AI #GenerativeAI #CloudComputing #Microsoft #CoreWeave