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Microsoft rejects multibillion-dollar expansion of AI data centre deal with Nscale

This story is from 2026-11-05. It is preserved in the archive; the latest stories are on the live feed.

Microsoft has declined an option to more than double the computing capacity it rents from Nscale at a Texas data centre, weeks after pulling out of anchoring the UK startup's Essex project over power delays. The setback clouds Nscale's planned $35 billion IPO in 2026.

Read the full story at Financial Times AI ↗

Timeline · 4 reports

  1. 2026-11-05 17:35 · DigiTimes Asia
    Nscale's US$35 billion IPO faces fresh uncertainty after Microsoft rejects Texas AI capacity expansion
  2. 2026-11-05 09:56 · The Next Web
    Microsoft reportedly rejects option to expand Nscale’s Texas AI deal
  3. 2026-11-05 05:48 · Economic Times Tech
    Microsoft rejects multibillion-dollar AI deal with UK's Nscale
  4. 2026-11-05 05:00 · Financial Times AI
    Microsoft rejects multibillion-dollar AI deal with UK’s Nscale

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