HIVE's BUZZ HPC Announces 320 MW Sovereign AI Infrastructure in Greater Toronto Area
HIVE Digital Technologies announced a major expansion of its Canadian AI infrastructure through subsidiary BUZZ HPC, securing 320 MW of utility capacity for a new 'AI gigafactory' in the Greater Toronto Area. The project involves a ~CAD $3.5 billion capital investment and the acquisition of 25 acres of land for $58 million, targeting online status in the second half of 2027.
Key figures
- Gpu count target
- 100000
- Construction jobs
- 800
- Pipeline power mw
- 400
- Power capacity mw
- 320
- Current gpus online
- 5500
- Total global power mw
- 850
- Capital investment cad
- 3.5 billion
- Canada pipeline power mw
- 320
- Canada operating power mw
- 100
- Land acquisition cost usd
- 58 million
- Total gpu pipeline capacity
- 130000
- Operating data center power mw
- 450
AI analysis
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