Microsoft increasing scrutiny of IREN data centre projects
Company: IREN
The claim, verbatim
A Bloomberg report said Microsoft was increasing scrutiny of data centre developments involving IREN and was reconsidering potential new agreements with external infrastructure providers.
Source (primary)
IREN Shares Surge 18% After Strong AI Cloud Revenue Growth and Better-Than-Expected Quarterly Results - Yahoo Finance (-, news_article)
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Quote: “According to the report, Microsoft was increasing scrutiny of data centre developments involving IREN, Nebius and Nscale. The technology company was also reportedly reconsidering potential new agreements with external infrastructure providers.”
How we checked this
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Additional evidence
confirms IREN Shares Surge 18% After Strong AI Cloud Revenue Growth and Better-Than-Expected Quarterly Results - Yahoo Finance
Quote: “According to the report, Microsoft was increasing scrutiny of data centre developments involving IREN, Nebius and Nscale. The technology company was also reportedly reconsidering potential new agreements with external infrastructure providers.”