Fresh from questioning whether AI will provide all the economic benefits it is expected to deliver over the next five years, Microsoft CEO Satya Nadella is now pulling the company back on a number of datacentre investments.

That’s according to investment bank TD Cowen. Its sources indicate that Microsoft has cancelled leases amount to “a couple of hundred megawatts with at least two private datacentre operators”, pulled back on completing a number of others, and re-allocated datacentre spending from international markets to the US.

These and other factors, the investment bank suggests, indicates “a material slowdown in international leasing” for datacentre space after a two-and-a-half year boom.

Read the full article on Computing here.