Hive Digital Applied sciences (HIVE) has agreed to buy a 7.2 megawatt knowledge middle in Toronto, Canada, and goals to remodel it right into a cornerstone of synthetic intelligence (AI) infrastructure by means of its subsidiary BuzzHPC.
The ability is predicted to develop into HPC's first Tier 3 knowledge centre. Upgraded to assist liquid cooling, hosts as much as 5,000 next-generation GPUs, permitting large-scale AI mannequin coaching and inference. The corporate says the infrastructure will assist Canadian enterprise and authorities workloads and strengthen the nation's digital sovereignty.
“With the explosion of demand for HPC and AI computing energy, this Toronto web site offers a crucial footprint for creating sovereign AI knowledge facilities owned and operated in Canada by public Canadian corporations.
The transfer comes amid a world competitors to construct AI infrastructure throughout the nation, with nations competing for his or her computing energy to maintain up with the fierce tempo of producing AI growth.
The acquisition additionally marks the primary main steps within the operation of Buzz HPC's personal facility. Beginning as a Crypto Mining Firm, Hive continues to shift in direction of AI and cloud providers with a particular concentrate on renewable infrastructure.
Different Bitcoin miners, resembling Core Scientific (CORZ), have equally diversified into the AI sector, growing income streams.
