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HIVE Invests $58M in AI Computing Center near Toronto
Description
HIVE Digital Technologies makes a strategic move, investing $58 million in a Toronto AI computing center, signaling a shift from Bitcoin mining to AI and high-performance computing. The company has been expanding globally, securing $115 million for data centers in Canada, Sweden, and Paraguay. The investment, following a 45% stock jump, positions HIVE as a key player in the AI revolution, leveraging Canadas clean energy and research talent.
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