Cheap, plentiful, secure energy is the foundation stone of everything. Without it, we will keep losing out.
Microsoft exited its agreement to rent 23,000 Nvidia chips at Nscale’s Essex data centre after grid bosses warned power isn't expected until the 2030s. It's a small piece of Nscale's $103bn backlog, but losing the site's only announced customer complicates a planned $35bn IPO.