Mike Novogratz’s Galaxy Digital closed a 1.4 billion USD secured loan to help expedite the development of the Helios AI datacenter, covering approximately 80% of initial construction costs.
The partnership with CoreWeave anticipates generating over 1 billion USD in annual revenue, enhancing Galaxy’s position in the growing AI sector.
The datacenter expects to achieve a full buildout capacity of 3.5 gigawatts, with additional potential revenue from other clients.
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