Investment
Features
FeesSafety
Academy
More
Pluang+

HIVE signs $350M GPU cloud deal for 5 years, boosting BUZZ HPC's AI infrastructure and revenue.

Market News
17 Aug 2026
Newsfile Corp
View Source
Bullish
pluang ai news

HIVE Digital Technologies, through its subsidiary BUZZ High Performance Computing, signed a $350 million five-year GPU cloud services contract with an investment-grade customer. This deal adds about $70 million in annual revenue, raising BUZZ HPC's total annualized revenue to $180 million by Q4 2026. The contract involves deploying a dedicated AI cluster with 2,016 NVIDIA GPUs at a renewable energy-powered facility in British Columbia, supporting advanced AI workloads. The agreement strengthens HIVE's position in sustainable AI infrastructure and provides long-term revenue visibility with attractive returns on investment.

More News

FDA conditionally accepts brand name CIFBEZY for Acurx's antibiotic ibezapolstat targeting C. difficile infection

FDA conditionally accepts brand name CIFBEZY for Acurx's antibiotic ibezapolstat targeting C. difficile infection

Acurx Pharmaceuticals announced that the FDA has conditionally accepted the proprietary name CIFBEZY for its lead antibiotic candidate, ibezapolstat, which is being developed to treat and reduce recurrence of Clostridioides difficile infection (CDI)....

Market News
Bullish
4 hours ago
Meta faces major trial in California over alleged harm to kids, risking huge penalties and app changes.

Meta faces major trial in California over alleged harm to kids, risking huge penalties and app changes.

Meta is facing a significant legal trial in California led by Attorney General Rob Bonta, involving 29 states accusing the company of fostering addictive behavior in teens and violating children’s privacy laws. This case follows a recent $1 billion l...

Market News
Bearish
4 hours ago
Cigna shares trade 28% below value with strong growth and dividend potential through 2031

Cigna shares trade 28% below value with strong growth and dividend potential through 2031

Cigna Group remains a strong buy with shares trading 28% below their fair value, supported by double-digit adjusted EPS growth. Key growth drivers include the Accredo and AI-powered Pharmacy Forward platforms, which are expected to boost revenue and ...

Analyst Insights
Bullish
4 hours ago
Goldgroup Mining reports strong drill results at Don David Gold Mine, advancing resource growth and mine life extension.

Goldgroup Mining reports strong drill results at Don David Gold Mine, advancing resource growth and mine life extension.

Goldgroup Mining completed over 25,700 meters of drilling at its Don David Gold Mine in Oaxaca, Mexico, focusing on infill and expansion at the Arista and Alta Gracia underground mines. The results reveal significant gold and silver mineralization, s...

Market News
Bullish
4 hours ago
SPDR EURO STOXX 50 ETF (FEZ) rated Buy for diversification and strong European sector momentum.

SPDR EURO STOXX 50 ETF (FEZ) rated Buy for diversification and strong European sector momentum.

The SPDR EURO STOXX 50 ETF (FEZ) is recommended as a core portfolio holding due to its lower concentration risk compared to the S&P 500 and true diversification benefits. European equities in FEZ benefit from positive sector momentum and reasonable v...

Analyst Insights
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App