BusinessPhoto: NDTV BusinessMicrosoft Cancels UK Data Center Deal with Nscale
Microsoft Corp. has withdrawn from a UK data center deal with British cloud startup Nscale, affecting the startup's plans for an initial public offering. The Loughton, Essex project faced delays due to power constraints. Nscale's Norway site is also behind schedule. Despite this, Nscale remains committed to UK projects and is exploring alternative power sources. The company seeks to raise up to $3 billion in an IPO amid AI sector uncertainties.
NDTV Business··Loughton


