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 shares rose after BUZZ HPC signed a $220M AI cloud deal with Bell and Cohere, adding sovereign GPU capacity in Canada.
HIVE Digital has partnered with Bell Canada and Cohere in a $220 million deal to deploy sovereign Nvidia Blackwell GPUs for enterprise AI compute.
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.