Serenity Sees Opening for Nebius and IREN After Microsoft’s Nscale Exit

Serenity sees a possible opening for Nebius and IREN after Microsoft withdrew from Nscale’s planned data center in Loughton, England, a project facing delays and a long wait for power. Microsoft did not specify why it ended its involvement. Local officials expect power to reach the facility in the 2030s. Microsoft had planned to serve as the site’s anchor customer and fund a supercomputer . Serenity argued that neocloud providers with powered data centers could attract orders if Microsoft looks elsewhere for AI computing capacity.

Source: TokenPost