PANews August 15 news, Galaxy Digital announced that it has completed $1.4 billion in project financing to support the expansion of its Helios data center campus in Texas. The financing will be used for the transformation and expansion of AI and high-performance computing (HPC) infrastructure in the first phase. Galaxy has provided $350 million in its own funds, with the remainder covered by debt financing. CoreWeave has signed a second-phase lease agreement, committing to use all of Helios's approved 800MW power capacity, with expected average annual revenue exceeding $1 billion over the next 15 years. Galaxy plans to make Helios one of the largest AI data centers in the world.