Hive Digital expands NVIDIA chip suite with $30M investment
HIVE Digital Technologies (HIVE) announces the acquisition and deployment of an additional cluster of NVIDIA (NVDA) H100 GPUs in the Canadian province of Quebec and the newest NVIDIA H200 GPUs, which have shipped to Quebec. “This $30 million investment reinforces HIVE’s growth position as a leader in the global gig economy and its commitment to driving the digital transformation of artificial intelligence and high-performance computing,” the company said. NVIDIA H100 cluster: Comprised of 248 GPUs in 32 nodes connected with Infiniband, this cluster has arrived on site in Quebec, has been fully configured and will be operational before the end of 2024. NVIDIA H200 cluster: Comprised of 508 GPUs in 64 nodes connected with Infiniband, this cluster has been shipped and is expected to arrive in Quebec in early January 2025, with installation and customer deployment planned for calendar Q1 2025.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on HIVE:
