News Explorer — Galaxy Digital Secures $1.4 Billion Funding to Expand AI Data Center

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Aug 15, 1:43 pm

Coindesk

Galaxy Digital Secures $1.4 Billion Funding to Expand AI Data Center

Galaxy, a Nasdaq-listed digital asset investment firm, has secured $1.4 billion in funding to expand its Helios data center in West Texas for AI and HPC computing. The debt facility covers 80% of construction costs and will fund the retrofit and expansion of the site, with Galaxy contributing $350 million in equity.

Galaxy, a Nasdaq-listed digital asset investment firm, has secured $1.4 billion in funding to expand its Helios data center in West Texas for AI and HPC computing. The debt facility covers 80% of construction costs and will fund the retrofit and expansion of the site, with Galaxy contributing $350 million in equity.

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