Microsoft will not exercise an option to more than double its existing agreement to rent computing power from Nscale at a Texas data center, a person familiar with the matter told Reuters on Nov. 5. The Financial Times, which Reuters said reported the news first, described a potential extension worth tens of billions of dollars to Nscale. The person said the decision was made several months before Nscale's September IPO filing and does not change the existing Texas contract.
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