DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - AI & Analytics, Morgan Stanley
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Core Scientific secures up to $1bn in financing from Morgan Stanley
Financing consists of an initial $500 million, with an accordion feature for further investment
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AI cloud Lambda hires investment banks in preparation for IPO - report
Lambda said to be working with Morgan Stanley, J.P. Morgan, and Citi
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Elon Musk's xAI raises $10bn in debt and equity for data center development
Will also be used to develop new AI solutions, and the Grok platform
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CoreWeave closes $650m financing deal
Credit facility led by Goldman Sachs, JPMorgan, and Morgan Stanley