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Microsoft cancels UK data center lease with Nscale

1 reports1 report sources2 hours agoUpdate

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Microsoft terminated its agreement to rent AI capacity at Nscale's planned Loughton, Essex data center. U.K. grid officials told Nscale they could not provide adequate power to the site until the 2030s, according to SiliconANGLE. Nscale says it remains committed to the Loughton project and the U.K., and is exploring alternative power sources for the site plus other U.K. expansion sites. The company's other projects are still believed to be on track. The cancellation puts Nscale's IPO plans at risk.

AI-generated from reports · 1 hours agoUpdate

Latest updatesOct 19 08:57
Microsoft cancels UK data center deal, putting Nscale's IPO plans at risk

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Oct 19
  1. SiliconANGLETop Deals
    Microsoft cancels UK data center deal, putting Nscale's IPO plans at risk

    Microsoft terminated its agreement to rent AI capacity at Nscale's planned Loughton.

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