By Central Oregon Daily
Publication Date: 2026-11-05 17:29:00
Nov 5 (Reuters) – Microsoft tightens oversight of some data center projects from neocloud providers Nebius, IREN and Nscale, Bloomberg News reported on Thursday, citing people familiar with the matter.
Shares of neocloud firms fell in afternoon trading, with Nebius and IREN down more than 16% and CoreWeave down 12.29%.
Here are more details:
• The Windows maker is stepping away from projects it deems risky and is debating internally whether to sign new neocloud deals, the Bloomberg report said
• Microsoft is focused on expanding its own data centers rather than adding neocloud deals, though it has not fully ruled them out, the report added
• Nebius, IREN and Nscale did not immediately respond to Reuters’ requests for comment.
• “Our approach to infrastructure is built on flexibility and optionality, combining Microsoft-owned data centers, leased…
