Microsoft said it is “slowing or pausing” some of its data center construction, including a $1 billion project in Ohio, the latest sign that the demand for artificial intelligence technology that drove a massive infrastructure expansion might not need ...

Former Yandex spinoff Nebius, now headquartered in Amsterdam, has signed a multi-year agreement with Microsoft to deliver AI infrastructure to the tech giant. The contract, valued at $17.4 billion until 2031, will begin later this year with the construction of a new data center in Vineland, New Jersey.

After Microsoft's fiscal Q4 earnings for the June 30 quarter and management's outlook and guidance for the next fiscal year, I am raising this target to over $668 per share. That is a 15% higher price target, based on Microsoft's stellar operating cash ...

Nebius Group N.V., a spinoff of Russian tech giant Yandex that provides computing power, signed a deal with Microsoft worth up to $19.4 billion to provide