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

Bullish-60.45%
18 Jun, 11:49
Source: CoinDesk

AI Summary

HIVE Digital Technologies shares surged 10% on a $220M Canadian sovereign AI infrastructure deal with Bell and Cohere, accelerating its strategic pivot from bitcoin mining to high-performance AI computing.

GPU cloud contract with Bell and Cohere strengthens HIVE's shift from bitcoin mining to high performance AI computing.