Nscale loses Microsoft AI deal as power connection delays stretch into the 2030s

Nscale, a bitcoin mining offshoot backed by Nvidia, had planned to deliver 23,000 AI chips in the U.K. next year. The company's grid connection, however, may not be ready until the 2030s. As a result, it has lost a deal with Microsoft. The setback highlights how power infrastructure constraints are slowing the rollout of AI computing capacity.