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UK grid delays push Microsoft AI power to 2030s, scuttling Nscale Loughton deal and IPO plans
Microsoft terminated its Loughton AI facility agreement after UK grid officials delayed power until the 2030s, complicating Nscale’s IPO plans.
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Microsoft terminated its Loughton AI facility agreement after UK grid officials delayed power until the 2030s, complicating Nscale’s IPO plans.
Investors urge Nscale to lower its $30B IPO target amid reports that Microsoft has exited a UK data center agreement with the company.