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Microsoft has walked away from some of its commitments with cloud computing provider CoreWeave in a significant blow to a company seeking to launch a blockbuster $35bn initial public offering next month.
CoreWeave provides Microsoft with computing capacity from data centres, which the tech giant uses to scale up powerful AI models such as OpenAI’s ChatGPT. The partnership is worth billions of dollars to CoreWeave.
Yeah, they’ve been massively scaling back their planned compute capacity across the board.
They’ve dropped at least 1000GW from their planned development. To put that in perspective, 1000GW is the entire compute capacity of London, which is the datacenter capital of Europe. That is an absolutely colossal amount.
Whatever rhetoric they may spout, the dollars say that MS believes the “AI revolution” is dead.