← Today's brief

Business · Updated 18 Oct, 04:58 pm IST

Microsoft ends data-center deal with Nscale for Loughton site, report says

Image: ET Tech

Why it matters for readers: It shows that even big companies can pull back from projects when local infrastructure can't meet needs.

  • Microsoft, one of Nscale's two largest customers, recently pulled out of the Loughton, Essex data centre deal, the Telegraph reported.1
  • The newspaper did not specify Microsoft's reason for withdrawing, and Microsoft had not responded to Reuters outside business hours, according to the report.1
  • Nscale said the problem is an 'unfortunate London-wide grid issue' and that it is exploring alternative power sources and other UK expansion sites.1
  • National power grid officials reportedly told Nscale they did not expect a power supply for the site until the 2030s, and Nscale had faced repeated project delays, the report said.1
  • Nscale filed for a US initial public offering last month and named Microsoft and Anthropic as expected major customers in its prospectus.1

Get a brief like this every morning

Uzha reads hundreds of sources and gives you the stories that matter for your work, with every source linked. Free.

Get started