Business
Galaxy Raises $1.4 Billion to Enhance Helios Data Center for AI and HPC
The investment firm led by Mike Novogratz anticipates that its partnership with CoreWeave could yield an annual revenue of $1 billion over 15 years.
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The investment firm led by Mike Novogratz anticipates that its partnership with CoreWeave could yield an annual revenue of $1 billion over 15 years.
Shares of Galaxy Digital increased by 8%, reflecting a significant shift toward AI and HPC infrastructure with CoreWeave.
In a significant shift, the centralized finance sector of crypto lending, led by Tether, Galaxy, and Ledn, dominates the market, while decentralized finance shows strong recovery.
Galaxy Digital UK has secured a license from the FCA to enhance its derivatives trading operations in the UK.
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