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Microsoft tightens oversight of neocloud data center projects, Bloomberg News reports

Microsoft is stepping back from some neocloud deals as shares of Nebius, IREN and CoreWeave fell more than 11%, Bloomberg News reported.

Nov 5 : Microsoft tightens oversight of some data center projects from neocloud providers Nebius, IREN and Nscale, Bloomberg News reported on Thursday, citing people familiar with the matter. Shares of neocloud firms fell in afternoon trading, with Nebius and IREN down more than 13 per cent and CoreWeave down
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News has emerged that Microsoft is reviewing certain data center businesses deemed to pose high risks. Coupled with concerns that regulations on data center construction could tighten after the midterm elections, sectors ranging from NeoCloud to semiconductors, memory, power, and nuclear power...

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The Star Kuala Lumpur broke the news in Petaling Jaya, Malaysia on Thursday, November 5, 2026.
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