HIVE shares jump as $220M AI deal speeds Bitcoin mining pivot
HIVE shares rose after BUZZ HPC signed a $220M AI cloud deal with Bell and Cohere, adding sovereign GPU capacity in Canada.
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HIVE Digital has partnered with Bell Canada and Cohere in a $220 million deal to deploy sovereign Nvidia Blackwell GPUs for enterprise AI compute.
Read full articleHIVE shares rose after BUZZ HPC signed a $220M AI cloud deal with Bell and Cohere, adding sovereign GPU capacity in Canada.
Five months after returning to OpenAI, Barret Zoph - the company's head of enterprise AI sales - has departed, The Verge has learned. Zoph returned to OpenAI in mid-January after a stint as co-founder and CTO of Thinking Machines Lab, the competing AI company founded by former OpenAI CTO Mira Murati. Shortly after Zoph returned to OpenAI, the company said he would lead its push into enterprise - a significant role at OpenAI, since in recent months it had vowed to stop chasing so-called "side quests" and focus on key revenue drivers like enterprise and coding ahead of its planned IPO. OpenAI confirmed to The Verge that Zoph will be depart … Read the full story at The Verge.
HIVE Digital’s BUZZ HPC unit has signed a three-year GPU cloud contract worth about $220 million as part of a Canadian sovereign AI infrastructure partnership with Bell Canada and Cohere. The deal adds to HIVE’s broader push into AI data centers, including a newly approved acquisition of a 32-megawatt facility in Sweden. HIVE Secures $70 […]
The crypto miner has signed a landmark three-year GPU contract with Bell Canada and Cohere—as Canada races to build AI systems it actually owns.
The deal is expected to add approximately $70 million in annual recurring revenue as the company scales its AI-focused operations.
HIVE's acquisition and AI pivot could significantly boost its revenue growth and position it as a key player in the AI infrastructure market. The post HIVE Digital acquires 32 MW data center in Sweden after 8 years as tenant appeared first on Crypto Briefing.
OpenAI's rapid model iteration and Pro variant testing could reshape enterprise AI applications, intensifying competition and pricing strategies. The post OpenAI prepares for GPT-5.6 model release, testing Pro variant with longer processing times appeared first on Crypto Briefing.
Governments have long protected strategic industries — what is new is their willingness to become shareholders