Microsoft axes AI deal in setback for UK data centre pioneer
Microsoft has pulled out of an Essex data centre deal in a blow to British company Nscale’s plans for a multibillion-dollar listing.The US tech giant, one of Nscale’s two largest customers, recently informed the company that it was pulling the plug on its agreement, which was announced last year.It is a significant setback for Nscale, given Microsoft was to become the anchor tenant at the company’s first British data centre in Loughton, Essex.Microsoft’s decision threatens to undermine Nscale’s ...
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