Nik Halik purchased a decommissioned nuclear missile silo in Colorado for over $10 million. The facility, once capable of launching nuclear missiles, is being renovated into a modern data center for AI. Halik, a venture capitalist, has a history of adventurous projects and aims to add value to unique structures. The Titan I missile silos were developed during the Cold War, and Halik's project reflects his interest in repurposing such facilities for contemporary uses.
"Nik Halik, an Australian venture capitalist, purchased the decommissioned Cold War-era nuclear missile silo from the US government in 2021 for more than $10 million. For the past five years, Halik has been overseeing its transformation into a modern, renovated facility, where he plans to house an AI data center."
""I'm immersed in the world of castles and underground bunkers," Halik told Business Insider. "I'm a value-facturer. I like things that I can add value to.""
"At the beginning of the Cold War, the US began developing intercontinental ballistic missiles (ICBMs) at a rapid pace. Following the US' first operational ICBM, the SM-65 Atlas, the Titan I went under development in the mid-1950s."
Read at www.businessinsider.com
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