DevelopingHardware

Microsoft reportedly pulls out of Nscale's Essex data center weeks before its IPO

The Telegraph reports Microsoft has withdrawn as anchor tenant of Nscale's Loughton, Essex site, per The Next Web; Bloomberg relayed it. The Telegraph gave no reason. Grid officials have told Nscale not to expect power until the 2030s. Nscale says the Microsoft relationship "remains strong." Its IPO filing says Microsoft and Anthropic are about 85% of contracts.

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OUTLETS: 18
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FIRST SEEN: Oct 15, 2026, 17:00 ET
LAST SIGNAL: 35m ago

Primary source

The Next Web (citing The Telegraph)thenextweb.com/news/microsoft-pulls-out-nscale-loughton-data-centre-ipo

Coverage · 24 articles, oldest first

Thursday, October 15, 2026

17:00
Bloomberg
Nscale’s $35 Billion IPO Plans Muddied by AI Data Center Delays
23:40
Techstrong IT
techstrong.it/ai/nscales-35-billion-ipo-collides-with-arctic-fire-delays-uk-power-grid-bottlenecks/

Friday, October 16, 2026

08:40
Quartz
qz.com/nscale-norway-data-center-delay-ipo-101626
10:10
TheEnergyMag
theenergymag.com/news/market-news/nscale-data-center-delay-risk
11:10
DatacenterDynamics
datacenterdynamics.com/en/news/nscales-glomfjord-data-center-delayed-site-suffers-leaks-in-cooling-system-and-a-fire/

Sunday, October 18, 2026

02:10
Telegraph
Microsoft cancels its deal with Nscale to serve as the anchor tenant and rent 23K Nvidia AI chips at a planned data center facing repeated delays in Essex, UK
02:10
Bloomberg
bloomberg.com/news/newsletters/2026-10-16/nscale-ipo-data-center-delays-show-risks-for-the-neoclouds
02:40
Financial Times
RegLayer: 47+ large US data center projects were delayed, withdrawn, or blocked in 2026; Bernstein says ~35% of the planned US data center pipeline is credible
02:40
The New York Times
AI debt worries mount as CoreWeave's bond yield tops 15%, insuring SoftBank debt gets pricier, and some Oracle debt trades near 80 to 90 cents on the dollar
02:40
Motley Fool
fool.com/investing/2026/10/17/oracles-real-growth-story-is-hiding-in-its-664-bil/
02:40
Quartz
qz.com/jensen-huang-coreweave-debt-default-risk-record-101626
04:40
The Business Times
businesstimes.com.sg/companies-markets/capital-markets-currencies/cracks-emerge-ai-borrowing-boom-coreweave-oracle-and-softbank-debt-worries-grow
05:40
Crypto Briefing
cryptobriefing.com/microsoft-scraps-nscale-uk-data-center-deal/
05:40
Bloomberg
bloomberg.com/news/articles/2026-10-18/microsoft-scraps-uk-data-center-deal-with-nscale-telegraph-says
07:10
Reuters
reuters.com/business/media-telecom/microsoft-pulls-out-uk-data-center-deal-with-nscale-telegraph-reports-2026-10-18/
08:10
Reuters
economictimes.indiatimes.com/tech/technology/microsoft-pulls-out-of-uk-data-center-deal-with-nscale-telegraph-reports/articleshow/135028020.cms
08:28
The Guardian
Microsoft drops huge AI datacentre project in Essex over power supply concerns
09:40
Finimize
finimize.com/content/microsoft-walks-away-from-nscales-uk-data-center-plan
10:10
Financial Times
ft.com/content/35cc5cc6-f9b6-49cc-8fc2-bd61e09c8c40
10:40
Seeking Alpha
seekingalpha.com/news/4654062-microsoft-exits-nscale-uk-data-center-deal-as-ipo-pressures-mount
10:40
TheEnergyMag
theenergymag.com/news/market-news/nscale-microsoft-setback-essex-ai-data-center
11:10
Australian Financial Review
afr.com/technology/microsoft-axes-major-nscale-deal-in-blow-to-australian-ai-entrepreneur-20261019-p616jh
12:05
The Next Web (citing The Telegraph)Primary
Microsoft reportedly pulls out of Nscale's Essex data center weeks before its IPO
17:10
The Information
theinformation.com/briefings/microsoft-pulls-nscale-u-k-data-center-following-delays

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