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Galaxy’s AI data centers bring $79 million in lease revenue and a small net loss

By Liam 'Akiba' Wright

The first full Helios lease quarter left Data Centers with a $435,000 loss, while Treasury & Corporate drove Galaxy’s recovery. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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Data centre

A facility that houses large numbers of servers and networking equipment to store and process data.

Data centres use large amounts of electricity and water, which makes their location a local and climate issue.

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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Revenue

The total money a company earns from selling goods or services before any costs are subtracted.

Revenue growth shows demand for a company's products; profit shows whether it earns money from them.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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