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HIVE Lands $220 Million AI Cloud Deal With Bell Canada and Cohere

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: 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 […] Crypto Insight Analysis: Direction: Bullish HIVE Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Significant AI infrastructure deal strengthens HIVE's position in AI cloud services.

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HIVE Lands $220 Million AI Cloud Deal With Bell Canada and Cohere — Crypto Insight