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BIZBBC News

Microsoft pulls out of UK's largest AI data centre

Photo: BBC

A tech company has said it still plans to build the UK's largest AI data centre despite Microsoft pulling out of the project.

Nscale announced last year it had pledged £2bn to build and open a pioneering facility in Loughton , Essex.

However, the BBC understands that Microsoft, which said it would fund a supercomputer at the site, has terminated its involvement.

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BIZBBC News

Home sellers cut asking prices on 3,000 properties a day

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BIZThe Guardian

US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds

Environmental watchdog Mighty Earth reveals two-year effort to postpone and weaken EU Deforestation Regulation US corporate lobbyists launched a two-year “blitz” to postpone and weaken the world’s most progressive legislation to protect forests, according to a new investigation by the environmental watchdog Mighty Earth. Major US firms and trade associations, including Cargill, Bunge, Mondelēz and the US Soybean Export Council, as well as numerous other US firms and organizations, sought to influence the EU Deforestation Regulation (EUDR) in more than…