HIVE Secures $350M AI Cloud Contract, Projecting $70M Annual Revenue Boost

HIVE Digital Technologies signed a five-year GPU cloud deal worth $350M via BUZZ HPC, adding $70M annually to total $180M revenue.

Woofun AI reports that HIVE Digital Technologies has executed a five-year agreement for GPU cloud services valued at approximately $350 million through its BUZZ HPC subsidiary. The counterparty is an undisclosed investment-grade enterprise. This arrangement is projected to contribute roughly $70 million in annual revenue to HIVE, elevating BUZZ HPC's total yearly revenue to approximately $180 million.