Microsoft (MSFT.O) has delayed a data center rollout linked to IREN's site selection in Texas. Cost overruns and schedule slippage have cooled Microsoft's stance on the NeoClouds project, and the company has tightened oversight of Nebius, IREN and NS

2026-11-05

Microsoft (MSFT.O) has delayed a data center rollout linked to IREN's site selection in Texas. Cost overruns and schedule slippage have cooled Microsoft's stance on the NeoClouds project, and the company has tightened oversight of Nebius, IREN and NScale.