What Keir Starmer called the "largest UK sovereign AI data centre" has lost Microsoft to the power grid. Microsoft confi...

What Keir Starmer called the "largest UK sovereign AI data centre" has lost Microsoft to the power grid. Microsoft confirmed Monday it has pulled out of a deal to lease capacity at Nscale's planned site in Loughton, northeast of London, RTL Today reports from AFP. UK media say grid officials told Nscale the site would not get power until the 2030s. Microsoft says the decision "relates to a single site"; Nvidia-backed Nscale is exploring alternative power sources and blames a "London-wide grid issue". The timing is awkward: Nscale is preparing a New York IPO reportedly targeting up to $35 billion, and its filing says much of its committed revenue comes from a few big customers, namely Microsoft and Anthropic. OpenAI shelved a UK Stargate plan earlier this year over energy costs.https://today.rtl.lu/news/business-and-tech/microsoft-exits-data-centre-deal-in-blow-to-uk-ai-ambitions-166593472#AI #DataCentres #UK #Microsoft #Energy