Hive Digital Technologies (HIVE) has signed an agreement to buy a 7.2 megawatt data center in Toronto, Canada, with the aim of transforming it into an cornerstone for the artificial intelligence infrastructure (AI) through its HPC subsidiary Buzz.
The installation is expected to become the first level 3 data center of Buzz HPC. It will be updated to admit fluid cooling and host up to 5,000 next generation GPUs, allowing the training and inference of large -scale AI models. The company says that the infrastructure will also support the Canadian company and government workloads, which reinforces the country’s digital sovereignty.
“With the explosion of the demand for the calculation capacity of HPC and AI, this Toronto site gives us a critical footprint to develop a data center of the sovereign, owned and operated in Canada by a Canadian public company, ensuring the data residence, the security and national leadership of innovation,” said Craig Tavares, president and operational director of Buzz HPC.
The measure is produced in the middle of a global career to build the national infrastructure of AI, with countries that compete for calculating the ability to keep up with the vertiginous rhythm of the generative development of AI.
The acquisition also indicates the first important step of Buzz HPC to operate its own installation. Hive, which began as a cryptographic mining company, continues to change to AI and cloud services, with a particular approach to infrastructure with renewable engine.
Other Bitcoin miners, such as Core Scientific (Corz), have diversified similarly in the AI sector to increase their income flow.
