Hardik Shah
2026.06.18 11:05

โšก ๐”๐๐ƒ๐€๐“๐„: HIVE Secures $220 Million AI Cloud Deal With Bell Canada and Cohere - $HIVE Digital Tech(HIVE.US) $BCE(BCE.US)

๐Ÿ‘‰ ๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โžค ๐‡๐ˆ๐•๐„ signed a ๐Ÿ‘-๐ฒ๐ž๐š๐ซ GPU cloud contract valued at approximately ๐”๐’$๐Ÿ๐Ÿ๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง.

โžค Agreement involves ๐๐ž๐ฅ๐ฅ ๐‚๐š๐ง๐š๐๐š, ๐‚๐จ๐ก๐ž๐ซ๐ž, and HIVE subsidiary ๐๐”๐™๐™ ๐‡๐๐‚.

โžค BUZZ HPC will deploy ๐Ÿ,๐Ÿ‘๐ŸŽ๐Ÿ’ NVIDIA Grace Blackwell GPUs in GB200 NVL72 systems.

โžค Infrastructure will be hosted at Bell's data center in ๐Œ๐ž๐ซ๐ซ๐ข๐ญ๐ญ, ๐๐ซ๐ข๐ญ๐ข๐ฌ๐ก ๐‚๐จ๐ฅ๐ฎ๐ฆ๐›๐ข๐š.

โžค System will utilize ๐๐•๐ˆ๐ƒ๐ˆ๐€ ๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐ˆ๐ง๐Ÿ๐ข๐๐š๐ง๐ networking and liquid cooling technology.

โžค ๐‚๐จ๐ก๐ž๐ซ๐ž will run foundation models and enterprise AI solutions on the platform.

โžค ๐‡๐ฒ๐ฉ๐ž๐ซ๐ญ๐ž๐œ will provide server hardware, integration, installation, and commissioning services.

โžค HIVE is funding the GPU purchase using proceeds from its ๐”๐’$๐Ÿ๐Ÿ๐Ÿ“ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง convertible note financing.

โžค Deployment is expected to launch in ๐ฅ๐š๐ญ๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ” ๐ญ๐จ ๐ž๐š๐ซ๐ฅ๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•.

โžค Project is expected to add approximately ๐”๐’$๐Ÿ•๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง in annual recurring revenue.

๐Ÿ‘‰ ๐–๐ก๐ฒ ๐ˆ๐ญ ๐Œ๐š๐ญ๐ญ๐ž๐ซ๐ฌ:

โžค Contract significantly expands HIVE's ๐€๐ˆ ๐œ๐ฅ๐จ๐ฎ๐ and HPC business.

โžค Expected revenue uplift could nearly ๐ญ๐ซ๐ข๐ฉ๐ฅ๐ž current contracted HPC revenue.

โžค Partnership strengthens Canada's domestic ๐€๐ˆ ๐ข๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž and sovereign computing capabilities.

๐Ÿ‘‰ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐’๐ญ๐š๐ญ๐ž๐ฆ๐ž๐ง๐ญ:

โžค "This deployment brings together Canadian connectivity and compute, in Canadian data centres, running Canadian AI foundational models." โ€” ๐€๐ฒ๐๐ข๐ง ๐Š๐ข๐ฅ๐ข๐œ, President and CEO of HIVE Digital Technologies.

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