Microsoft has reportedly cancelled datacenter leases in the US due to potential oversupply concerns, possibly stemming from an overestimation of AI demand. The company has pulled back on both existing and new leases, reallocating international investments to the US. This strategy indicates a shift in their AI and cloud service demand forecasts, particularly influenced by changes with OpenAI's compute provider. Despite the cutbacks, Microsoft asserts its infrastructure plans remain robust, aiming to invest over $80 billion in the fiscal year.
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