Microsoft has pulled out of a deal with British cloud company Nscale just weeks before the firm was expecting to IPO at ...

Microsoft has pulled out of a deal with British cloud company Nscale just weeks before the firm was expecting to IPO at a 35 billion USD valuation. The deal would have seen Microsoft rent 23,000 Nvidia chips at a new Essex facility. The reasoning for the pullout remains unclear. https://gizmodo.com/microsoft-pulls-out-of-giant-british-ai-cloud-deal-just-as-cloud-company-was-expecting-to-ipo-2000827469 #AIagent #AI #GenAI #AIInfrastructure