HIVE Digital to Launch Canadian AI Data Hub With 7.2 MW Toronto Site Purchase

1 week ago

HIVE Digital Technologies (HIVE) has signed an agreement to bargain a 7.2-megawatt information halfway successful Toronto, Canada, aiming to alteration it into a cornerstone for artificial quality (AI) infrastructure done its subsidiary BUZZ HPC.

The installation is expected to go BUZZ HPC’s archetypal Tier 3 information center. It volition beryllium upgraded to enactment liquid cooling and big up to 5,000 next-generation GPUs, enabling large-scale AI exemplary grooming and inference. The institution says the infrastructure volition besides enactment Canadian endeavor and authorities workloads, reinforcing the country's integer sovereignty.

“With the detonation of request for HPC and AI compute capacity, this Toronto tract gives america a captious footprint to make a sovereign AI information halfway — owned and operated successful Canada by a Canadian nationalist institution — ensuring information residency, security, and nationalist innovation leadership,” said Craig Tavares, president and main operating serviceman of BUZZ HPC.

The determination comes amid a planetary contention to physique nationalist AI infrastructure, with countries vying for compute capableness to support up with the breakneck gait of generative AI development.

The acquisition besides signals BUZZ HPC’s archetypal large measurement into operating its ain facility. HIVE, which started arsenic a crypto mining company, continues to displacement toward AI and unreality services, with a peculiar absorption connected renewable-powered infrastructure.

Other bitcoin miners specified arsenic Core Scientific (CORZ) have likewise diversified into the AI assemblage to boost their gross stream.

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