Every report in this developing story, from the first to the latest.
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The London-based AI infrastructure developer has raised massive capital to build out liquid-cooled data centers and power plants, signaling a surge in physical real estate and energy demands for local communities.
Microsoft has withdrawn from its agreement to anchor Nscale's flagship Essex data center after local utility officials warned that grid power will not be available until the 2030s.
Investors are pressuring British AI cloud provider Nscale to halve its $30 billion valuation target following the loss of a major Microsoft contract.