Posts
avatar

JUST IN: @HIVEDigitalTech is now finally laying the foundation for a larger HPC/AI Gigafactory in Yguazú, Paraguay 🚀 Cc: $SPCX $NBIS $CRWV $IREN $CIFR $KEEL $SLNH ✅ 100 MW substation under construction (civil works complete; commissioning this summer; energization expected September 2026). ✅ New Tier-III data center construction to begin Fall 2026. ✅ Ready-for-service target: H2 2027. That announcement is bigger than it sounds. 🚨 It validates HIVE’s growing AI infrastructure platform and provides a real-world proof point for its planned second 100 MW AI HPC Gigafactory in Paraguay. 🚨 Just days earlier, HIVE signs $220M AI / Hyperscaler Cloud Deal with Cohere is massive! Cohere has established itself as the premier "sovereign AI" alternative to U.S.-based giants like OpenAI and Anthropic. The deal is expected to generate more than $70M annually and push contracted AI ARR above $100M. 1️⃣ HIVE announces it’s first : 320 MW AI Gigafactory in Greater Toronto Area targets $360M in ARR at full operation. 💠 130,000 GPUs 💠 25 acres acquired 💠 Power connected 💠 Coming online second half of 2027 2️⃣ HIVE acquires 32 MW data center in Sweden, transitioning from tenant to owner after eight years of operations, advancing Tier III Infrastructure Across a Global Renewable Footprint 3️⃣ HIVE currently operates approximately 440 MW of renewable-powered capacity across Canada, Sweden, and Paraguay with a path toward 1GW+ MW and longer-term expansion opportunities tied to its Paraguay development. FY2026 revenue reached a record $297.8M, up 158% YoY.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment