Microsoft drops Nscale data center deal in Essex amid power delays

Microsoft would have been the anchor tenant at Nscale's Loughton site, which was intended to support AI computing services. The withdrawal comes as Nscale prepares to go public. According to Quartz, the company is seeking as much as $3 billion in an IPO as soon as this month.

• DigiTimes reports that sufficient electricity for the site may not be available until after 2030.

Covered by 5 publishers within 17 hours of the first report.

• Wall Street Journal: Microsoft Pulls out of Nscale U.K. Data-Center Deal Over Power-Supply Issues
• Latest 11:59 PM ET DigiTimes: Nscale set to lose Microsoft as anchor tenant over UK power delays, adding uncertainty to IPO

Reporting5

DCD Data Center Dynamics Microsoft pulls out of delayed Nscale data center in Loughton, Essex 7:13 AM

WSJ Wall Street Journal Microsoft Pulls out of Nscale U.K. Data-Center Deal Over Power-Supply Issues · Mauro Orru 7:29 AM

LR Light Reading Eurobites: Microsoft unplugs from Nscale data center project in UK · Paul Rainford 7:46 AM

QZ Quartz Microsoft pulled out of a U.K. data center deal, clouding Nscale's IPO hopes · Cris Tolomia 9:20 AM

DT DigiTimes Nscale set to lose Microsoft as anchor tenant over UK power delays, adding uncertainty to IPO · DIGITIMES 11:59 PM

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Topics MicrosoftData centers