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Nscale Loses Microsoft Anchor as Loughton Power Delays

By Drooid · · How we work

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Story summary
  • Nscale lost Microsoft as anchor tenant for its Loughton AI datacentre.
  • National Grid officials said power for the Loughton site will not be available until the 2030s.
  • Nscale said it remains committed to the project and is seeking alternative power sources.
  • Nscale filed for a US IPO last month, targeting a $35 bn (£26 bn) valuation and backed by Nvidia.