Microsoft pulls out of UK data centre deal with Nscale, Telegraph reports

Investing.com -- Microsoft (NASDAQ) has withdrawn from a planned UK data centre agreement with artificial intelligence infrastructure provider Nscale, potentially complicating the British company's initial public offering plans, according to the Telegraph. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The agreement involved Nscale's proposed data centre in Loughton, Essex, where Microsoft was expected to become the anchor tenant. The Telegraph did not establish a specific reason for Microsoft's withdrawal, although the project has faced delays and difficulties securing electricity supplies.