Microsoft quits Nscale UK data centre deal ahead of planned $3 billion IPO - investingLive

Microsoft halts $3 billion AI data centre project in Essex

Microsoft has halted a deal with Nscale to construct a $3 billion AI data centre in Loughton, Essex. This project was set to be the UK's largest AI facility. The decision comes after concerns about the power supply for the site. This move could affect Nscale's plans for a $3 billion initial public offering. The cancellation highlights challenges with the power infrastructure for the project.

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