Bitcoin mining offshoot Nscale loses Microsoft AI deal as power delay stretches into 2030s
Summary
Nscale has lost a major artificial intelligence agreement with Microsoft in Britain. The Nvidia-backed digital infrastructure firm faced significant delays securing a grid connection for its data center operations, pushing potential power availability into the next decade.
The Nvidia-backed company planned to deliver 23,000 AI chips in Britain next year, but its grid connection may not be ready until the 2030s.
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