MICROSOFT EXITS NSCALE UNITED KINGDOM FLAGSHIP AS GRID CANT SUPPLY POWER UNTIL 2030S : IPO AT RISK

What happened: Microsoft terminated its anchor tenant agreement at Nscale's planned 90-megawatt data center in Loughton, Essex, after UK Power Networks said grid capacity would not be available until the early-to-mid 2030s. Key numbers: 90MW site capacity; $35 billion pending Nscale IPO; £2.0 billion (about $2.67 billion) Why it matters: The withdrawal threatens the credibility of Nscale's pending IPO, and Nscale called the problem a "London-wide grid issue" while saying it is exploring alternative power sources. The UK government had cited Loughton in its 2025 AI Opportunities Action Plan. Coverage: 3 outlets in 24h

Microsoft terminated its anchor tenant agreement at Nscale's planned 90-megawatt data center in Loughton, Essex, after UK Power Networks said grid capacity would not be available until the early-to-mid 2030s.

The withdrawal threatens the credibility of Nscale's pending IPO, and Nscale called the problem a "London-wide grid issue" while saying it is exploring alternative power sources. The UK government had cited Loughton in its 2025 AI Opportunities Action Plan.