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Microsoft scraps UK data center deal with Nscale, putting IPO plans at risk

Crypto Briefing·October 18, 2026·1 min read
Microsoft scraps UK data center deal with Nscale, putting IPO plans at risk

Microsoft scrapped a UK data center deal with Nscale, jeopardizing Nscale's IPO plans. Grid issues highlight infrastructure challenges, raising doubts about Nscale's ability to fulfill its backlog. The cancellation underscores the difficulties in scaling AI data centers amid power constraints.

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