AITelegraph1h ago
Microsoft cancels its deal with Nscale
Microsoft cancels its deal with Nscale to serve as the anchor tenant and rent 23K Nvidia AI chips at a planned data center facing repeated delays in Essex, UK
TL;DRMicrosoft cancelled its deal to lease 23,000 Nvidia chips from Nscale's delayed UK data center.
Why it matters: Signals cooling demand for specialized AI infrastructure and threatens Nscale's planned IPO valuation.
US tech giant pulls the plug on Nscale deal in threat to multibillion-dollar listing — Microsoft has pulled …
Read full articleSource: Telegraph · Opens in new tab