HIVE Digital Technologies closed a $220 million, three-year sovereign AI cloud contract through its subsidiary BUZZ HPC. The deal involves 2,304 NVIDIA Grace Blackwell GPUs and integrates Bell Canada, Cohere and Hypertec into a Canadian AI infrastructure. HIVE projects the contract will contribute approximately $70 million in annual recurring revenue once fully deployed.

Bitcoin Miner HIVE Expands Into AI With $220 Million Contract