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HIVE Secures USD 129 Million Financing for USD 165 Million Nvidia GPU Cluster Purchase

PUBT·10/28/2026 05:04:55
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HIVE Secures USD 129 Million Financing for USD 165 Million Nvidia GPU Cluster Purchase
  • HIVE Digital Technologies will purchase a USD 165 million cluster of 2,303 NVIDIA GB200 GPUs for sovereign AI infrastructure in Canada.
  • BUZZ Alpha Cloud secured approximately USD 129 million in three-year financing at 9% fixed interest, covering approximately 80% of project costs.
  • The cluster will support Cohere's three-year, fixed-term contract worth USD 225 million, including compute, connectivity and storage revenue.
  • GPU delivery is expected toward the end of the fourth quarter of 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HIVE Digital Technologies Ltd. published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.