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BUZZ HPC lands $350 million AI cloud deal as Canadian GPU capacity builds

8/20/2026

Demand for dedicated AI compute infrastructure in Canada is moving from announcement to signed paper.

HIVE Digital Technologies (TSX: HIVE, NASDAQ: HIVE) disclosed through its subsidiary BUZZ High Performance Computing Inc.

on August 17 that it had locked in a five-year GPU cloud services agreement worth approximately $350 million in total contract value with an unnamed investment-grade enterprise customer, adding roughly $70 million in annualized revenue to BUZZ HPC's book.

The physical specifics are precise.

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