Microsoft (MSFT) Advances Texas Data Center Lease After Oracle Withdraws, Boosting Cloud Growth
Microsoft is negotiating to lease a major Texas data center after Oracle exited the deal, signaling expansion in its cloud infrastructure.
Market context
Tech Cloud Competition news
Follow the story. See which markets it affects. Explore the context.
Latest coverage
Recently added · Page 1Microsoft (MSFT) Soars on $750M AI Cloud Deal Despite Multi-Cloud Strategy
Microsoft secured a $750 million, three-year cloud deal with AI startup Perplexity, expanding Azure usage to support AI workloads while Perplexity adopts a multi-cloud approach including AWS.
Microsoft (MSFT) Soars on $250B OpenAI Deal and AI Infrastructure Boost in Q2 Outlook
Microsoft's fiscal Q2 2026 results are expected to highlight strong Azure growth driven by AI infrastructure investments and a $250 billion OpenAI partnership, despite capacity limits. New AI product…