BUZZ HPC, the Tier‑III arm of Hive Digital Technologies, just locked in roughly $30 million of two‑year AI cloud contracts and is deploying 504 Nvidia B200 GPUs in liquid‑cooled Dell servers at its Canada West data centre. This move gives you immediate access to high‑density AI compute while positioning the company for rapid revenue growth.
Key Financial Highlights
The new contracts generate an estimated $15 million in annual recurring revenue (ARR) once the GPU cluster is fully operational. Combined with existing HPC income, BUZZ’s contribution to Hive is projected to rise from about $20 million today to roughly $35 million after the rollout.
- Contract value: $30 million over 24 months
- Projected ARR: $15 million per year
- Revenue uplift: +$15 million for Hive’s HPC segment
GPU Deployment Details
Hardware Configuration
Each of the 504 Nvidia B200 boards is installed in a liquid‑cooled chassis built on Dell servers, delivering high‑throughput AI performance while keeping power consumption efficient.
Data‑Centre Infrastructure
The Canada West facility in Manitoba is a Tier‑III data centre, offering redundant power, cooling, and network paths. Building a GPU‑dense environment of this scale typically requires around $70 million in capital, but BUZZ’s phased approach spreads costs over the contract period.
Strategic Impact on the AI Cloud Market
By securing sizable contracts, BUZZ positions itself as a sovereign compute provider that can meet local data‑residency and latency demands. Enterprises looking for on‑demand AI resources now have a Canadian‑based alternative to the global cloud giants, and you’ll benefit from reduced latency and clearer regulatory compliance.
Expert Insight
“When you see a vendor commit to 504 B200 GPUs in a liquid‑cooled chassis, you know they’re serious about density and efficiency,” says Maya Patel, senior HPC systems engineer at a mid‑size AI startup. “The real test is uptime and network fabric quality. If BUZZ can keep latency low and power usage predictable, they’ll become a go‑to for workloads that can’t tolerate hiccups in larger, multi‑tenant clouds.”
Future Outlook
BUZZ plans to replicate the Canada West model in additional regions, expanding its AI engine strategy beyond North America. The $30 million contract book provides the runway to scale operations, invest in next‑gen cooling technologies, and refine support services. If the projected ARR materializes and the GPUs are utilized efficiently, BUZZ could set a new benchmark for AI‑focused Tier‑III data centres.
