HIVE Digital Technologies Announces the Acquisition of 7.2 MW Toronto Data Center for Future BUZZ HPC and Sovereign AI Development | HIVE Stock News

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Jun 23, 2025
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  • HIVE Digital Technologies (HIVE, Financial) expands its BUZZ HPC subsidiary with the acquisition of a 7.2 MW data center in Toronto.
  • The facility will be upgraded to Tier 3 liquid-cooled standards to support up to 5,000 next-generation GPUs for AI compute.
  • Located in Canada's tech hub, the acquisition reinforces BUZZ HPC's focus on sovereign AI infrastructure and data security.

HIVE Digital Technologies (HIVE) has announced the strategic acquisition of a 7.2-megawatt data center facility in Toronto, Canada. This move marks a significant expansion for its BUZZ HPC subsidiary, poised to enhance sovereign AI infrastructure development. The facility is slated for upgrades to Tier 3 liquid-cooled standards, which will enable it to support up to 5,000 next-generation GPUs for advanced AI compute operations.

Situated in the heart of Canada's largest tech hub, the new site will bolster BUZZ HPC's capabilities in large-scale AI training, inference, and cloud services. By advancing sovereign Canadian AI initiatives, the facility aims to ensure data residency and security, providing a competitive advantage to Canadian enterprises and government projects.

The Toronto location is strategically advantageous, providing BUZZ HPC access to higher education institutions, AI research centers, and dense fiber optic connectivity. These factors place BUZZ HPC at the forefront of high-performance computing and AI capacity, meeting rising demands in the industry.

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