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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA · CRYPTO ·

Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal

As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
GPU cloud contract with Bell and Cohere strengthens HIVE's shift from bitcoin mining to high performance AI computing.
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Hive shares experienced a significant 10% jump following the announcement of a $220 million deal for AI infrastructure in Canada. This GPU cloud contract, secured with Bell and Cohere, marks a strategic and strengthening shift for HIVE. The company is transitioning its focus…

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