[Microsoft Rejects Multi-Billion Dollar Expansion Deal with UK AI Startup Nscale] Odaily Planet Daily reports that Nscale, the UK's most valuable AI startup, has failed to reach a potential multi-billion dollar new deal with Microsoft, posing a new challenge to its plans to achieve a $35 billion IPO. According to three sources familiar with the matter, Microsoft refused to more than double the size of its existing data center computing power lease contract in Texas, USA. This means Nscale must find new customers for the data center or risk losing billions of dollars in future revenue. Currently, discontent over the construction of AI data centers across the US has become one of the reasons voters refused to support the incumbent Republican candidate in Tuesday's midterm elections. Several incoming Democratic governors, including those in Texas, have called for an immediate halt to data center development projects. (Financial Times)