HIVE Digital Technologies (NASDAQ:HIVE) announced on Tuesday its acquisition and deployment of advanced Nvidia Corp (NASDAQ:NVDA) H100 and H200 GPU clusters in Quebec, Canada.
This strategic $30 million investment aims to strengthen HIVE’s position in artificial intelligence (AI) and high-performance computing (HPC) and enhance its role in the digital transformation landscape.
The new GPU clusters are part of HIVE’s broader strategy to drive growth in AI and HPC markets.
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HIVE expects the latest technology to significantly boost its annualized run-rate revenue and margin growth in …
Full story available on Benzinga.com