Oh hey look! It’s the Tech Hype Cicle in action and Microsoft is pulling out!

Expect massive layoffs next.
Reposted from Carl Quintanilla
(Bloomberg) - Microsoft Corp. has begun canceling leases for a substantial amount of datacenter capacity in the US, a move that may reflect concerns about whether it’s building more AI computing than it will need over the long term, TD Cowen said in a report.

www.bloomberg.com/news/article...

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