PANews reported on December 24 that HIVE Digital Technologies has invested $30 million to procure and deploy NVIDIA H100 and H200 GPU clusters to support the rapidly growing demand for artificial intelligence. These high-performance computing (HPC) clusters will be deployed in Quebec, Canada, and will be powered entirely by renewable energy.
Deployment Details:
• H100 Cluster: Includes 248 GPUs, expected to be online by the end of 2024, anticipated to generate approximately $15 million in annual revenue.
• H200 Cluster: Includes 508 GPUs, installation expected to be completed by Q1 2025, officially online in Q2 2025, with annual revenue expected to exceed $20 million.