Galaxy Digital Raises $1.4 Billion for Texas AI and HPC Data Center Expansion

Galaxy Digital has secured a $1.4 billion funding round to expand its Helios data center in West Texas, focusing on artificial intelligence (AI) and high-performance computing (HPC). This move reflects the growing convergence of digital assets and traditional finance within AI infrastructure projects. 350 million dollars from equity investment will be used alongside debt financing to fund this project. The expansion is expected to significantly enhance Galaxy Digital’s AI capabilities, bolstering CoreWeave’s operations in high-performance computing environments. This expansion aligns with the firm’s vision for the future of digital assets and signifies a significant step towards advanced AI integration within financial infrastructure.