Skip to content
Back to all stories
TNW | Artificial-intelligence

Microsoft reportedly quits Nscale’s UK data centre weeks before its IPO

The Essex site may not get grid power until the 2030s, as Nscale prepares to raise up to $3bn.

Tarun Mottlia

Via TNW | Artificial-intelligence

·Excerpt
Microsoft reportedly quits Nscale’s UK data centre weeks before its IPO
Image: Microsoft chairman and CEO Satya Nadella on stage at Microsoft Build 2026 in San Francisco. Photo by Dan DeLong

Microsoft chairman and CEO Satya Nadella on stage at Microsoft Build 2026 in San Francisco. Photo by Dan DeLong

Microsoft has pulled out of a deal to anchor Nscale’s first British data centre, the Telegraph reported. The move comes as the AI cloud startup prepares to go public.

The site in Loughton, Essex, has faced a string of delays, Bloomberg reported, citing the Telegraph. The paper did not say why Microsoft walked away.

Authorities have told Nscale not to expect…

Continue reading on TNW | Artificial-intelligence ↗

Courtesy

This story was originally published by TNW | Artificial-intelligence. All rights belong to the original publisher.

Read the original on thenextweb.com ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us