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Nvidia (NVDA) Soars as HIVE Secures Deal to Deploy 2,300+ AI Processors

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The Story

News Summary

  • HIVE Digital secured a $220 million investment from Bell Canada and Cohere to deploy 2,304 Nvidia processors for enterprise AI models.
  • The three-year deal supports HIVE's transition from Bitcoin mining to high-performance computing, adding $70 million in annual recurring revenue by 2027.
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NVDA price history

210.96 +18.92% over the displayed period

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