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Galaxy Converts Former Bitcoin Mine in Texas Into AI Data Center for CoreWeave

  • Infra & Chips
  • Funding & M&A

Galaxy Digital CEO Mike Novogratz has converted a former Bitcoin mining site in Texas into an AI data center and signed a 15-year lease with AI cloud provider CoreWeave. Rather than betting on AI's next breakthrough technology, the strategy is to own the power and infrastructure the industry depends on.

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