Microsoft Turns Down Multibillion-Dollar AI Deal With UK's Nscale
Microsoft has reportedly declined a deal worth several billion dollars with Nscale, a UK company building AI computing facilities. The move follows an earlier pullback from anchoring Nscale's main data centre in Essex, after power connection delays pushed expected supply into the 2030s. Reports say this comes only weeks after that earlier setback.
Quick glossaryMicrosoft, data centre, power connection, anchor
- Microsoft
- Microsoft is a US tech company best known for Windows, the Office apps and its Azure cloud services.
- data centre
- A large building full of powerful computers that run online services and AI tools around the clock.
- power connection
- The approval and wiring needed to link a site to the electricity grid before it can run.
- anchor
- To anchor a project means to be its main customer that commits to using it.
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