Microsoft rejects option to double Nscale Texas data center contract, FT reports
Microsoft has declined an option to more than double its Texas data center contract with Nscale, per the Financial Times. The move is a fresh blow to Nscale's $35B IPO ambitions and raises questions about the startup's revenue visibility heading into its planned listing.
Source:
Ft.Com: https://www.ft.com/content/668e6ef8-88a1-4bef-8664-8f495baf09f8
Not financial advice. For informational and educational purposes only.
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