Microsoft reportedly pulls out of UK data center deal with Nscale

Bloomberg, citing the Telegraph, reports that Microsoft pulled out of a data center deal with British company Nscale in Loughton, Essex. The Telegraph gave no specific reason for the move but said the site has faced delays and that authorities told Nscale they do not expect a power supply until the 2030s. Bloomberg says the reported withdrawal comes at a critical time for Nscale's IPO hopes. Nscale told the Telegraph it remains committed to the project and is exploring alternative power sources.