Microsoft "minor contract" loss, says Nscale key investor

The CEO of the largest investor in the UK AI infrastructure startup gearing up for a planned $35bn IPO today termed Microsoft pulling out of a data centre deal with Nscale as a “minor contract", as he looked to reassure investors ahead of Nscale’s US IPO.Øyvind Eriksen, president & CEO of Aker ASA, the Norwegian industrial investment company, which owns around a 23 per cent stake in Nscale, addressed a question today about whether Microsoft pulling out of a deal…