Artificial Intelligence1 min read

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

By · Published by Everything Blog

In short

Microsoft declined to exercise an option that would have more than doubled the size of its current computing lease with UK-based firm Nscale. The multibillion-dollar artificial intelligence agreement focused on leasing processing capacity hosted at a data center site in Texas. The decision was disclosed by individuals familiar with the matter, though Reuters has not independently verified the claims.

Key points

  • Microsoft has opted against committing billions of dollars to expand this specific data c…: Microsoft has opted against committing billions of dollars to expand this specific data center partnership.
  • The existing infrastructure arrangement between Microsoft and Nscale will not see a major…: The existing infrastructure arrangement between Microsoft and Nscale will not see a major expansion at this time.
  • The reporting on the declined artificial intelligence deal has not been independently ver…: The reporting on the declined artificial intelligence deal has not been independently verified by Reuters.

Sources checked by our analysis pipeline: 1

Nov 5 : Microsoft has rejected an option to more than double the size of its existing contract with Nscale to rent computing power at a data center site in Texas, the Financial Times reported on Thursday, citing people familiar with the matter.

Reuters could not immediately verify the report.

Source: Reuters

Artificial Intelligence