By Jakob Steinschaden
Publication Date: 2026-10-19 05:50:00
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First the power was missing, and now the tenant is gone too: Microsoft has pulled out as the anchor tenant of Nscale’s first British data center in Loughton, England, The Telegraph reports. Nscale is seen as Europe’s biggest hope in A.I. infrastructure, and the setback could hardly come at a worse time. The company wants to go public in New York, and investors are already questioning its target valuation.
No Power Until the 2030s
Microsoft was set to rent 23,000 Nvidia A.I. chips at the site in Essex and was its only announced customer. The deal was part of the billions Microsoft pledged to invest in Britain last year around President Trump’s state visit. The data center was originally scheduled to come online next year. But grid operators have told Nscale they do not expect to supply power until the 2030s, according to The Telegraph. Microsoft declined to comment.
Nscale says it remains committed to the project and to…
