Updated Jul. 28, 2026

Coreweave Helios

Afton, Texas, United States

Coreweave Helios is an operational AI data center with AI chips owned by CoreWeave and possibly used by OpenAI. It hosts an estimated 160k H100-equivalents of compute, supported by 132 MW of IT power at a capital cost of $5.0 B. In Q1 2029, we project it to rise to 638k H100-eq compute, 528 MW IT power and a cost of $20.0 B. We estimate that it uses Nvidia B200 chips.

The timeline of IT power and compute capacity is based on satellite imagery, our cooling equipment power model, company disclosures, and regulatory filings.

Helios is retrofitted from a former crypto-mining site owned by Galaxy, which has an additional 2.7 GW of capacity under study, though not expected before 2029.

OWNER CoreWeave STATUS Operational USER OpenAI
Show compute as
Satellite view of Coreweave Helios

Satellite imagery

Latest: Apr. 6, 2026 · 2 high-res images
View satellite explorer →

Scale & specifications

CURRENT COMPUTE

160k H100-eq

3.16e20 8-bit OP/s

PROJECTED

638k H100-eq

1.26e21 8-bit OP/s

CURRENT IT POWER

132 MW

PROJECTED IT POWER

528 MW

CURRENT COST

$5.0 B

PROJECTED COST

$20.0 B

HardwareNvidia B200

CoolingAir-cooled chiller

Buildout

May 31, 20250K H100e
May 31, 2025

The former crypto mining Helios site begins expanding, with land cleared for additional buildings.

Aug 27, 2025

Backup generator pads and steel framing for chillers are visible, similar to the 3D renderings.

Apr 4, 2026

Building 1 appears substantially complete. The main white-roofed data hall is visible with exterior mechanical/electrical equipment rows installed on both sides, and adjacent generator/equipment pads plus laydown yards are active. A large graded pad north of Building 1 suggests preparation for the next phase/building. No clear satellite evidence that the AI/HPC facility is operational yet.

Jun 30, 2026

Building 1 operational at full capacity. This corresponds to "Phase I", which is expected to be operational by the end of the first half of 2026.

Compute
160kH100-eq
IT Power
132MW
Cost
$5.0B
Jan 1, 2028

Building 2 and 3 are operational at full capacity. This corresponds to "Phase II", which is expected to be delivered "throughout 2027". We assume it takes until the end of 2027 to reach full capacity.

Compute
479kH100-eq
IT Power
396MW
Cost
$15.0B
Jan 1, 2029

Building 4 operational at full capacity. This corresponds to "Phase III", which is expected to be delivered "starting in 2028". We assume it takes until the end of 2028 to reach full capacity.

Compute
638kH100-eq
IT Power
528MW
Cost
$20.0B

Sources

  1. Galaxy Q3 financial results with power capacity timeline
  2. Permit review with details on backup generators and power capacity
  3. 3D renderings of Helios Building 1 on Galaxy's website, showing generators and chillers
  4. TDLR record with Building 1 construction costs and end date

Read more about our methodology.