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AI & Enterprise
Microsoft scraps UK Nscale data centre deal
Microsoft has pulled out of a data centre deal it was pursuing with British cloud company Nscale, Reuters reported on Oct. 18, citing the Telegraph. The report said Microsoft, one of Nscale\'s two biggest customers, recently terminated a contract for the Loughton data centre in Essex. Nscale said its relationship with Microsoft remained strong and long-term, and that it would continue the Loughton project and its UK business while seeking alternative power sources.
Industry
China suspected of building dedicated mothership for large unmanned underwater vehicle, hull spotted in Shanghai
Signs have emerged that China is building a dedicated surface mothership capable of launching and recovering a large unmanned underwater vehicle directly at sea. An unidentified hull with a different shape from existing Chinese naval ships was spotted at Hudong-Zhonghua Shipbuilding’s dock in Shanghai, with no official confirmation from Beijing. Open-source analysts estimate the vessel is about 200 metres long and could support long-duration operations and wider operating range for large unmanned underwater vehicles.
Industry
LS Q2 operating profit 595.6 billion won, up 153 percent year on year
LS said on Thursday its second-quarter operating profit rose 153 percent from a year earlier to 595.6 billion won, while revenue climbed 40 percent to 11.02 trillion won, both record highs for a quarter. First-half operating profit totalled 1.07 trillion won, exceeding last year’s full-year result, with revenue up 39 percent to 20.53 trillion won. The company cited AI data centre expansion and power-grid replacement projects.
