HIVE's Bet on AI: A New Frontier for Crypto Miners? HIVE Digital Technologies Ltd. 's shares jumped 24% after its BUZZ HPC unit unveiled plans for a massive AI facility near Toronto.
The project will feature a planned 320 megawatt campus, making it one of Canada's largest AI gigafactories.
The Great Convergence HIVE's decision to pivot from traditional crypto mining to AI infrastructure development marks a significant shift in the industry.