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via economictimes.indiatimes.comBusiness & Companies

Microsoft rejects multibillion-dollar AI deal with UK's Nscale

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

The report comes weeks after Microsoft pulled out of a deal to anchor Nscale's flagship data centre project in Loughton, Essex, after power connection delays pushed its expected supply date into the 2030s

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA multibillion AI deal involving Microsoft is relevant but its price effect is unclear.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Microsoft rejected a multibillion-dollar deal with Nscale.
  2. 02Weeks earlier Microsoft had pulled out of a Loughton data centre deal.
  3. 03Power connection delays pushed expected supply into the 2030s.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Microsoft CorporationMSFTStock555.80 USDMarket closedtoday +6.68%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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