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Microsoft declines option to expand Nscale Texas data center contract

Microsoft has rejected an option to more than double its Texas data center contract with Nscale, the Financial Times reported, citing sources. The decision is a setback for the startup as it pursues ambitions for a $35B initial public offering.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Products Infrastructure
Products Infrastructure

VMware introduces vSphere Express for installations of up to 128 cores

VMware announced vSphere Express on Wednesday, adding a basic virtualization offering for smaller organizations. Distributor TD Synnex lists an annual price of $9,600 for installations of up to 128 cores, with no reduction for customers using fewer cores, Ars Technica reported.

Products Infrastructure
Products Infrastructure

Data center stocks slide on expectations of slower AI construction

Data center shares fell Wednesday as investors anticipated slower AI construction after Democrats won Congress, Reuters reported. Hut 8 dropped 23%, IREN 11%, Core Scientific 10% and Applied Digital 7%.