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Microsoft pulls out of UK's largest AI data centre

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Core Development: Microsoft pulls out of UK's largest AI data centre
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Market & Financial Impact: Tech firm Nscale says it is still committed to building the site in Essex.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Nscale said it remained committed to building a £2bn AI data centre in Loughton

A tech company has said it still plans to build the UK's largest AI data centre despite Microsoft pulling out of the project.

Nscale announced last year it had pledged £2bn to build and open a pioneering facility in Loughton, Essex.

However, the BBC understands that Microsoft, which said it would fund a supercomputer at the site, has terminated its involvement.

A spokesperson for Nscale said it was exploring alternative power sources and its relationship with Microsoft remained strong for their other projects together overseas. Microsoft declined to comment.

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Official Publisher Attribution: This report is aggregated from Bloomberg. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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