Satellite images show delays at Microsoft AI data center projects in Texas and New Jersey

businessinsider.com —

Satellite images suggest delays at two Microsoft AI data center projects run by partners IREN and Nebius, potentially explaining Microsoft's $5 billion shortfall in AI infrastructure spending last quarter. Microsoft CFO Amy Hood cited third-party delays for reduced spending, and research firm Aterio found IREN's Texas facility missing equipment and Nebius's New Jersey project facing permitting issues, risking missed deadlines. The setbacks reflect broader industry struggles, with estimates that 30% to 50% of planned data center capacity could slip to 2027 due to power shortages and construction problems.


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