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

FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 21, 2025. REUTERS/Gonzalo Fuentes/File Photo

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.

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