Galaxy Digital delivers first data center tranche to CoreWeave after narrowing Q1 loss
CoinDesk
Galaxy Digital narrowed its Q1 loss and began supplying data center capacity to CoreWeave as part of a major AI infrastructure expansion.Summary
Galaxy Digital reported a narrowed first-quarter loss of $216 million, outperforming analyst estimates despite a year-over-year revenue decline. The firm is pivoting toward AI infrastructure, recently delivering its first data hall at the Texas-based Helios campus to CoreWeave. Galaxy Digital has also secured approval to expand the Helios facility's power capacity to over 1.6 gigawatts, signaling a long-term commitment to supporting high-demand artificial intelligence workloads.
(Source：CoinDesk)