Market Chatter: Microsoft Drops Plans to Become Anchor Tenant at Nscale's UK Data Center

03:53 AM EDT, 10/19/2026 (MT Newswires) -- Microsoft (MSF.F) is no longer pursuing a deal to become an anchor tenant for neocloud company Nscale's first UK data center in Loughton, Essex, Bloomberg News reported Sunday, citing a statement from Nscale. The reason for Microsoft's decision remains unclear, although an Nscale spokesperson said the company's relationship with the US tech giant remains "strong and long-term," according to the report. The Essex site faced delays due to power constraints, and Nscale's flagship facility in Norway is also six months behind schedule, the report added. Microsoft and Nscale did not immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)