DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - North America, Morgan Stanley
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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SB Energy files for IPO, targeting a raise of $5-7bn
Would value the company at approximately $50bn
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Switch confidentially files for IPO - report
Rob Roy's data center firm could be going public again
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TeraWulf seeks $3.5bn in funding for construction of data center for Anthropic
Debt expected to be led by Morgan Stanley
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CoreWeave and Google raise $6.7bn in junk bond offering - report
Google raises $5.7bn of total
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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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QTS Data Centers seeks $2 billion CMBS refinancing for three US data center campuses
Loan will be used to refinance existing debt associated with campuses
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Meta secures $30bn Blue Owl finance package for Louisiana data center - report
Special purpose vehicle set up to fund build-out
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Meta in talks for $29bn data center financing
Social media firm said to be in talks with Apollo, KKR, Brookfield, Carlyle, and Pimco
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Musk's Trump spat happened just as xAI sought to raise $5bn for data center buildout
Deal conversations ongoing, but terms may be worse for Elon Musk's AI business
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Lightpath closes United Fiber and Data acquisition, launches Edge data center unit
Company to deploy modular facilities at ILA sites along fiber network
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Morgan Stanley: Hyperscaler capex to reach $300bn in 2025
Bank forecasts massive investment for AI and cloud computing
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CoreWeave selects Morgan Stanley, Goldman Sachs, and JP Morgan Chase for IPO
Company plans to go public in 2025
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Morgan Stanley invests in US data center firm Flexential
Terms not shared, will co-own company alongside GI Partners
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Nvidia’s Blackwell GPUs sold out for 12 months
Products to start shipping out this quarter
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Verizon lines up $10bn in funding to cover Frontier acquisition
The carrier announced its acquisition of Frontier last month
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Intel board member Lip-Bu Tan resigns after alleged disagreements over management of company
Chipmaker also looking to fend off potential activist campaign from investors
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CyrusOne secures $7.9bn credit facility to fuel US data center expansion
Follows $1.8bn facility secured earlier this year
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Dojo supercomputer could add $500bn to Telsa’s valuation, claims Morgan Stanley
New cluster could open new addressable markets, says analyst
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Morgan Stanley fined another $35 million over data center decommissioning SNAFU
Takes bank's fines and settlements bill to more than $150 million
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Scale Computing raises $55 million from Morgan Stanley funds
Edge computing firm takes total raised to more than $200 million
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Morgan Stanley agrees $60m settlement over data center decommissioning breach
Bank denies wrongdoing, but will pay to settle class action
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Morgan Stanley accused of “ignoring industry standards” during decommissioning data loss incident
Company accused of "profit-driven decisions" that led to data loss
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GlobalFoundries turns to Morgan Stanley for IPO, could value chip company at $30bn
Adding $10bn to its rumored valuation from just a few months ago
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Morgan Stanley fined $60m for data center oversight failure
Contractors did not wipe customer data
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John Hatem rejoins CyrusOne as exec VP and COO
Hatem comes back home
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Equinix offers $1.25bn in stock to raise funds for acquisition
And report suggests the target is a Canadian telco's fleet