Galaxy Digital Raises $460 Million for AI Data Center Expansion

Galaxy Digital, founded by Mike Novogratz, is taking a major step towards a future focused on artificial intelligence. The company has secured a substantial private investment of $460 million to accelerate its transition away from crypto operations and develop an advanced data center for Artificial Intelligence and high-performance computing. This funding will transform the former Bitcoin mining site in Texas into a large-scale AI hub, fueled by growing demand for computing power.