04:21 AM EDT, 10/15/2025 (MT Newswires) -- (Updates with Microsoft's ( MSFT ) response in the third paragraph.)

Microsoft ( MSFT ) will rent capacity from data center company Nscale as part of a project in Portugal to ramp computing resources to match rising artificial intelligence demand, Bloomberg News reported Tuesday, citing people familiar with the matter.

The project at the Start Campus data center park in Sines will use Nvidia's ( NVDA ) AI chips and is expected to be operational in early 2026, according to the report.

Microsoft ( MSFT ) told MT Newswires in an e-mailed statement that it had "nothing to share at this time."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)