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Article Summaries:

  • HIVE Digital Technologies’ BUZZ platform has secured approximately $30 million in two‑year fixed‑term AI‑cloud contracts, marking a significant expansion of its GPU‑based high‑performance computing (HPC) services. The agreements will support the first phase of a 504‑GPU deployment at the company’s Canada West data center in Manitoba, with capacity expected online by the end of March 2026. Management projects this phase to generate about $15 million in annual recurring revenue (ARR), raising BUZZ’s overall HPC segment revenue from roughly $20 million to $35 million once fully operational. The company will incur capital expenditures for GPU acquisition, cooling, and power infrastructure, while operating costs will cover hosting, maintenance, and staffing.

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