HIVE Secures $350M AI Deal | Business and Finance News

HIVE Digital Technologies is unleashing a major AI infrastructure play with a $350 million, five-year deal to deploy over 2,000 Nvidia Blackwell Ultra GPUs via its BUZZ HPC subsidiary — all powered by 100% renewable hydroelectric energy and cooled with water-saving liquid systems. The Bell AI Fabric facility in British Columbia not only slashes environmental impact but also positions BUZZ for $70M annual revenue, boosting total projected yearly income to $180M. With $185M in capex and a target of $200M in recurring GPU cloud revenue, HIVE’s strategy — blending green power, cutting-edge hardware, and smart operations — is accelerating their grip on the booming AI data center market. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/58827e4417fccb46