Microsoft deals fresh blow to Nscale’s $35bn IPO ambitions

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Microsoft deals fresh blow to Nscale’s $35bn IPO ambitions

British AI darling Nscale has suffered another setback ahead of its planned $35bn (£26bn) stock market listing after Microsoft walked away from a potential data centre deal worth tens of billions of dollars. The US tech giant has declined an option to more than double the computing capacity it rents from Nscale at a site [...]