Report
Microsoft reportedly exits UK data center project; CoreWeave bond yields said to top 15%
A post citing the Telegraph says grid power for Nscale's Essex site may not arrive until the 2030s.
TLDR
An October 18 post, citing the Telegraph, says Microsoft walked away from anchoring Nscale's Essex data center because grid power may not arrive until the 2030s. It also cites the FT's count of 47-plus large US data center projects delayed, pulled or blocked in 2026, and the New York Times' report that CoreWeave bond yields topped 15%. The post's author sees power access as a bottleneck for AI expansion.
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