Who are the partners in this contract?

The partners are Bell Canada and Cohere Inc.

What GPUs are being used?

2,304 NVIDIA Grace Blackwell GPUs will be used.

What is the goal of this contract?

The contract aims to build sovereign AI infrastructure in Canada.

HIVE's BUZZ HPC Secures $220M GPU Cloud Contract for Sovereign AI Infrastructure

HIVE Digital Technologies announced that its subsidiary BUZZ HPC has secured a three-year, $220 million GPU cloud contract to provide HPC infrastructure for Bell Canada and Cohere Inc., utilizing 2,304 NVIDIA Grace Blackwell GPUs.

June 20, 2026

1 min read

Source: Insider Monkey

Key Numbers

contract value

$220M

duration

3 years

gpu count

2,304

gpu type

NVIDIA Grace Blackwell

HIVE Digital Technologies (NASDAQ:HIVE) announced that its subsidiary BUZZ HPC has secured a three-year, $220 million GPU cloud contract to provide HPC infrastructure for Bell Canada and Cohere Inc., establishing an integrated Canadian AI stack using 2,304 NVIDIA Grace Blackwell GPUs.

Contract Details

Value: $220 million.
Duration: 3 years.
Hardware: 2,304 NVIDIA Grace Blackwell GPUs.
Partners: Bell Canada and Cohere Inc.

Context

This collaboration aims to build a sovereign AI infrastructure in Canada, enhancing the country's capabilities in artificial intelligence. The deal comes amid a global surge in AI infrastructure investments.

What It Means for Investors

The contract provides a significant boost for HIVE, a penny stock with explosive growth potential. However, investors should consider the risks associated with small-cap stocks and the volatility of the cryptocurrency market.

Frequently Asked Questions

The contract is valued at $220 million over three years.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.