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gossip TNW October 18, 2026

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

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

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.

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