Galaxy Digital Deepens AI and HPC Pivot With Expanded CoreWeave Deal, Shares Surge

Galaxy Digital (GLXY) said it deepened its strategic partnership with CoreWeave (CRWV), reinforcing its ambitions in the fast-growing artificial intelligence (AI) and high-performance computing (HPC) data center industry. Under a new agreement, CoreWeave will gain access to an additional 260 megawatts (MW) of critical IT load at Galaxy’s Helios data center campus in West Texas, bringing the total committed capacity for AI and HPC operations at the site to 393 MW.The move marks another shift by Galaxy away from bitcoin mining, with the Helios campus acquired from Argo Blockchain in 2022 moving toward becoming a cornerstone for next-gen digital infrastructure. CEO Mike Novogratz emphasized the strategic value of diversifying the company's business across blockchain, crypto and AI, highlighting the long-term potential to maximize shareholder value source: https://www.coindesk.com/markets/2025/04/23/galaxy-coreweave-expand-alliance-with-data-center-expansion