โก ๐๐๐๐๐๐: HIVE Secures $220 Million AI Cloud Deal With Bell Canada and Cohere - $HIVE Digital Tech(HIVE.US) $BCE(BCE.US)
๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โค ๐๐๐๐ signed a ๐-๐ฒ๐๐๐ซ GPU cloud contract valued at approximately ๐๐$๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง.โค Agreement involves ๐๐๐ฅ๐ฅ ๐๐๐ง๐๐๐, ๐๐จ๐ก๐๐ซ๐, and HIVE subsidiary ๐๐๐๐ ๐๐๐.โค BUZZ HPC will deploy ๐,๐๐๐ NVIDIA Grace Blackwell GPUs in GB200 NVL72 systems.โค Infrastructure will be hosted at Bell's data center in ๐๐๐ซ๐ซ๐ข๐ญ๐ญ, ๐๐ซ๐ข๐ญ๐ข๐ฌ๐ก ๐๐จ๐ฅ๐ฎ๐ฆ๐๐ข๐.โค System will utilize ๐๐๐๐๐๐ ๐๐ฎ๐๐ง๐ญ๐ฎ๐ฆ ๐๐ง๐๐ข๐๐๐ง๐ networking and liquid cooling technology.โค ๐๐จ๐ก๐๐ซ๐ will run foundation models and enterprise AI solutions on the platform.โค ๐๐ฒ๐ฉ๐๐ซ๐ญ๐๐ will provide server hardware, integration, installation, and commissioning services.โค HIVE is funding the GPU purchase using proceeds from its ๐๐$๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง convertible note financing.โค Deployment is expected to launch in ๐ฅ๐๐ญ๐ ๐๐๐๐ ๐ญ๐จ ๐๐๐ซ๐ฅ๐ฒ ๐๐๐๐.โค Project is expected to add approximately ๐๐$๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง in annual recurring revenue.๐ ๐๐ก๐ฒ ๐๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ฌ:โค Contract significantly expands HIVE's ๐๐ ๐๐ฅ๐จ๐ฎ๐ and HPC business.โค Expected revenue uplift could nearly ๐ญ๐ซ๐ข๐ฉ๐ฅ๐ current contracted HPC revenue.โค Partnership strengthens Canada's domestic ๐๐ ๐ข๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ and sovereign computing capabilities.๐ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ:โค "This deployment brings together Canadian connectivity and compute, in Canadian data centres, running Canadian AI foundational models." โ ๐๐ฒ๐๐ข๐ง ๐๐ข๐ฅ๐ข๐, President and CEO of HIVE Digital Technologies.