Microsoft snaps up Fungible for Azure cloud and data center boost

Microsoft has confirmed the acquisition of Fungible in the latest high-powered deal to boost its Azure cloud computing platform. Following December 2022 reports of a potential deal, and earlier suggestions of a failed Meta takeover, Microsoft has now confirmed(opens in new tab) its acquisition of the company in a move that will see it obtain the company’s high-efficiency, low-power data processing units (DPUs).