Hive Digital Announces $3.5 Billion AI Data Centre in Toronto

Hive Digital Technologies plans to build a 320-megawatt AI data centre near Toronto through its subsidiary Buzz HPC, with an investment of approximately CAD$3.5 billion. The facility is expected to be operational by late 2027 and will house over 100,000 GPUs.

By Proactive Mon, May 18, 2026 at 2:59 PM GMT+3 2 min read · Yahoo Finance ·

Hive Digital Announces $3.5 Billion AI Data Centre in Toronto

Tickers: $HIVE

Topics: AI Canadian economy data centres infrastructure investment

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