HIVE Secures $350M Cloud Deal as AI Push Accelerates

TLDR HIVE signed a five-year AI cloud services contract worth about $350 million through its BUZZ HPC subsidiary. The deal adds roughly $70 million in annualized revenue, lifting BUZZ HPC’s total annualized revenue to about $180 million. BUZZ HPC will deploy 2,016 NVIDIA Blackwell Ultra GPUs at the Bell AI Fabric facility in British Columbia. [...]

The post HIVE Secures $350M Cloud Deal as AI Push Accelerates appeared first on Blockonomi.