Microsoft cancels UK data centre deal with Nscale just ahead of its $35B IPO

NinaDSchick · x · 2026-10-18

Microsoft has cancelled its UK data centre deal with AI cloud company Nscale, per an exclusive by Guardian reporter James Titcomb. The move lands just as Nscale is preparing a $35 billion IPO. Nina Schick framed it as evidence that Britain's energy policy makes such investments unviable.

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