Galaxy Digital completes $1.4 billion financing to expand Helios into one of the largest AI data centers in the world.

[Chain News] On August 15, Galaxy Digital announced that it has completed a $1.4 billion project financing to support the expansion of its Helios data center campus in Texas. The financing will be used for the renovation and expansion of AI and high-performance computing (HPC) infrastructure in the first phase. Galaxy has provided $350 million of its own funds, with the remainder covered by debt financing. CoreWeave has signed a second-phase lease agreement, committing to use all 800MW of approved power capacity from Helios, with expected average annual revenue exceeding $1 billion over the next 15 years. Galaxy plans to develop Helios into one of the largest AI data centers in the world.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
MevHuntervip
· 12h ago
Another BTC exchange
View OriginalReply0
TestnetNomadvip
· 08-15 12:02
Almost using nuclear fusion to play games.
View OriginalReply0
Blockblindvip
· 08-15 11:56
Money makes you willful! Invest again and To da moon.
View OriginalReply0
TokenGuruvip
· 08-15 11:55
Hot money is all rushing to AI, BTC mining farms have all changed direction, and old miners can only stand guard with tears.
View OriginalReply0
PessimisticOraclevip
· 08-15 11:43
Again stacking AI BTC
View OriginalReply0
NestedFoxvip
· 08-15 11:39
Having so much money that life feels too long.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)