Morgan Stanley interim financing for frontier AI lab development
Company: Riot - Project: Rockdale
The claim, verbatim
$573 million interim financing facility provided by Morgan Stanley to fund initial development costs for frontier AI lab data center
Source (primary)
riot 8-K exhibit (riot-20260810xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-01)Live source ↗
Quote: “$573 million interim financing facility provided by Morgan Stanley to fund initial development costs while the investment-grade credit backstop is finalized.”
How we checked this
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Additional evidence
confirms riot 8-K exhibit (riot-20260810xex99d1.htm)
Quote: “$573 million interim financing facility provided by Morgan Stanley to fund initial development costs while the investment-grade credit backstop is finalized.”