According to CoinMeta, and as reported by Bloomberg, Microsoft is strengthening its supervision over some data center projects of new cloud companies such as IREN, Nebius, and Nscale. The company is abandoning risky projects and is internally discussing whether to sign new cloud service agreements. Recent issues are related to the data center wiring developed by IREN in Texas, USA. Both parties negotiated a modification to the schedule last week, resulting in a delay of several weeks or months for the completion of the project. A Microsoft spokesperson stated that adjusting plans according to circumstances is a normal practice in managing large-scale infrastructure projects. IREN refused to comment. IREN transitioned from cryptocurrency mining to the AI sector in 2023. On Thursday, the stock prices of both IREN and Nebius fell by about 20%.