Microsoft has pulled out of a data center deal with British cloud provider Nscale, Britain’s Telegraph newspaper reported on Sunday.
\n\nThe US tech giant, one of Nscale’s two largest customers, recently terminated its agreement for the data center in Loughton, Essex, according to the report.
\n\nThe newspaper did not specify why Microsoft withdrew from the project. Microsoft declined a Reuters request for comment.
\n\nThe Telegraph report said Nscale had faced repeated delays with the project. National power grid officials, it reported, had told Nscale they did not expect a power supply for the data center until the 2030s.
\n\n”Our relationship with Microsoft remains strong and long-term, and this unfortunate London-wide grid issue has no impact on our other contracts,” an Nscale spokesperson told Reuters.
\n\nAlso read: AI cuts hiring demand by nearly 10% in exposed occupations across Asia, IMF finds
\n\n”We remain committed to both the Loughton project and the UK, and we are exploring alternative power sources for the site, in addition to other expansion sites in the UK.”
\n\nNscale filed for an initial public offering in the US last month, with Microsoft and Anthropic expected to be its major customers, according to its prospectus.
\n\nNscale provides infrastructure, including…
Original source: https://www.cnbctv18.com/technology/
