Stock market sentiment regarding artificial intelligence (AI) has soured significantly in the past few months. The DeepSeek spook damaged the argument that AI GPU and compute demand was going to not only stick around,

Microsoft has reportedly pulled back on data center projects around the world, suggesting that the company is wary of overexpanding.

Microsoft, like many major tech companies, is all-in on AI. However, it looks like the Windows creator will be taking a step back to reassess its efforts in that space. Microsoft had previously planned to build new data centers to power AI in countries around the world, but is now delaying or pausing those plans.