HIVE subsidiary BUZZ HPC launches Nvidia Hopper GPU cluster in Quebec
Last updated: 15:00 24 Jun 2025 BST, First published: 13:39 24 Jun 2025 BST
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that its wholly owned subsidiary BUZZ High Performance Computing (BUZZ HPC) has launched a new NVIDIA Hopper GPU cluster in Quebec.
This marks one of three supercomputing clusters currently operated by the company across Canada and Sweden.
The newly deployed cluster is powered by NVIDIA Hopper GPUs and utilizes the NVIDIA Quantum-2 InfiniBand networking platform.
According to the company, the cluster has been operating near full utilization since launch and is part of a broader initiative to rapidly expand its computing capacity.
Since 2023, BUZZ HPC has developed data centers in the provinces of Quebec and New Brunswick, which HIVE believes positions the company as a key part of Canada’s AI ecosystem.
Its customers include startups, universities, and research teams, and its services offer scalable access to GPU clusters on both short-term and long-term terms.
BUZZ HPC’s operations have evolved since 2018 from an initial deployment of roughly 130,000 GPUs to support current systems using NVIDIA Ampere and Hopper GPUs, with plans to incorporate NVIDIA Blackwell GPUs in the future.
"BUZZ HPC delivers a sovereign AI solution rooted in Canada-with global capability," chief operating officer Craig Tavares said in a statement. "We empower Canadian innovators while supporting international partners who share our vision for secure, scalable AI."
Frank Holmes, HIVE executive chairman, added: "Amid what management believes is growing demand for domestic AI capacity, this latest cluster supports key sectors such as generative AI, autonomous systems, legal tech, genomic medicine, customer service automation, and research institutions focused on machine learning and health sciences.”
Shares of HIVE gained over 5% at Tuesday's open in New York and Toronto.
