HIVE Digital Technologies has secured a three-year sovereign cloud infrastructure contract valued at approximately $220 million to provide high-performance compute capacity within Canada. The deal involves 2,304 Nvidia GB200 NVL72 GPUs.
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HIVE Digital inks $220M Canadian AI infrastructure deal
IN SHORT
HIVE Digital Technologies has secured a three-year sovereign cloud infrastructure contract valued at approximately $220 million to provide high-performance compute capacity within Canada. The deal involves 2,304 Nvidia GB200 NVL72 GPUs.
Frequently asked questions
The three-year sovereign cloud infrastructure contract is valued at approximately $220 million.
The infrastructure will comprise 2,304 Nvidia GB200 NVL72 GPUs.
HIVE expects the deployment to enter service between late 2026 and early 2027.
HIVE is also acquiring the Big Boden 32-megawatt data center in Sweden.
What Happens Next
01HIVE plans to upgrade the Big Boden data center in Sweden to Tier III standards.
02The Swedish data center acquisition is subject to customary closing conditions.
03HIVE expects the Canadian AI infrastructure deployment to enter service between late 2026 and early 2027.