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Microsoft reportedly quits Nscale’s UK data centre weeks before its IPO

Microsoft has pulled out of a deal to anchor Nscale’s first British data centre, the Telegraph reported. The move comes as the AI cloud startup prepares to go public. The site in Loughton, Essex, has faced a string of delays, Bloomberg reported, citing the Telegraph. The paper did not say why Microsoft walked away. Authorities have […] This story continues at The Next Web

Published Oct 18, 2026 · 8:15 AMOriginal source: The Next Web3 reads
Microsoft reportedly quits Nscale’s UK data centre weeks before its IPO
Microsoft has pulled out of a deal to anchor Nscale’s first British data centre, the Telegraph reported. The move comes as the AI cloud startup prepares to go public. The site in Loughton, Essex, has faced a string of delays, Bloomberg reported, citing the Telegraph. The paper did not say why Microsoft walked away. Authorities have […] This story continues at The Next Web
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