GetChain News
中简 中繁 EN
GetChain News
Toggle sidebar

Microsoft Exits UK Data Center Project, Adding Further Uncertainty to Nscale's IPO Plans

Source: www.telegraph.co.uk
According to The Daily Telegraph, Microsoft (MSFT.O) has pulled out of a data center partnership with UK emerging cloud provider Nscale in Laindon, Essex. The move adds further uncertainty to the startup's listing plans at a critical stage of its IPO preparations. The report noted that Microsoft did not specify the exact reasons for terminating the collaboration, but the project has faced a series of delays. Local authorities have informed Nscale that power supply for the facility is not expected until the 2030s.

Related investors

Related projects