Nscale set to lose Microsoft as anchor tenant over UK power delays, adding uncertainty to IPO

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Nscale set to lose Microsoft as anchor tenant over UK power delays, adding uncertainty to IPO

UK neocloud provider Nscale is set to lose Microsoft as the anchor tenant at its Loughton data center in Essex, after delays in power availability disrupted plans to support AI computing services. The UK's National Grid reportedly told Nscale that sufficient electricity for the site may not be available until after 2030.

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