⚡️ New: Galaxy Digital secures $1.4 billion to build an AI data center in Texas!
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📢 What's new?
– Galaxy Digital, the company of renowned investor Mike Novogratz, announced securing funding of $1.4 billion.
– This funding will be used to build a massive data center in Texas dedicated to artificial intelligence.
– This funding comes through the sale of convertible bonds.
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💡 Why is this important?
– This investment demonstrates the growing trend of cryptocurrency companies moving towards the rapidly growing artificial intelligence sector.
– It enables Galaxy Digital to diversify its operations and not rely solely on mining or trading.
– Texas is emerging as a hub for tech companies, and this strategic location will enhance the company's ability to attract talent and clients.
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📈 Future outlook:
– These data centers could become the foundational infrastructure that powers AI-based web 3 applications.
– This move indicates that major companies in the crypto space are integrating artificial intelligence into their long-term strategies.
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