Microsoft Withdraws from Data Center Investment in UK

Microsoft had planned to lease computing capacity in a data center in Luton, northeast of London, from Nscale, a UK-based startup backed by Nvidia.

The project was announced last year as part of a series of investments by US tech giants during President Donald Trump’s visit to the UK.

Nscale is preparing for a primary public offering on the New York stock exchange, which could value the company at $35 billion.