Microsoft (MSFT) has pulled out of a UK data center deal with neocloud startup Nscale, which was originally aiming for a $3 billion IPO as early as late October. The 8:30 Hosts Pras Subramanian, Jake Conley, and Julie Hyman outline Microsoft's reason for pulling out of the deal. Video Transcript 00:00 Speaker B This time isn't different. 00:02 Speaker C This time is not different. 00:03 Speaker A Uh we have Enscale, the UK UK-based neo-cloud firm backed by Nvidia uh took kind of a hit this weekend as Microsoft, one of its biggest clients, backed out of a UK data center deal. Enscale didn't give a reason but there were reports of power constraints, UK utilities not able to give dedicated power until 2030 or thereabouts.
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