RETRANSMISSION: BUZZ HPC Closes Acquisition of 7.2 MW Toronto Site to Build Data Centre for Sovereign AI Infrastructure
BUZZ HPC, a subsidiary of HIVE Digital Technologies (NASDAQ: HIVE), has acquired a 7.2-megawatt data centre site in the Greater Toronto Area. The facility will be developed into a Tier III+ data centre specifically designed for AI workloads, offering colocation services and accelerated compute clusters for AI development.
The strategic acquisition supports BUZZ HPC's partnership with Bell Canada and its Bell AI Fabric ecosystem. The facility will utilize Ontario's clean electricity grid and feature advanced liquid-cooling systems supporting GPU racks of 150 kW and higher. This infrastructure ensures data sovereignty, keeping sensitive information under Canadian jurisdiction while serving enterprises, institutions, and government clients.
BUZZ HPC, controllata da HIVE Digital Technologies (NASDAQ: HIVE), ha acquisito un centro dati da 7,2 MW nel Greater Toronto Area. L’impianto sarà sviluppato come un data centre di livello Tier III+ appositamente progettato per carichi di lavoro IA, offrendo servizi di colocation e cluster di elaborazione accelerata per lo sviluppo dell’IA.
L'acquisizione strategica sostiene la partnership di BUZZ HPC con Bell Canada e il suo ecosistema Bell AI Fabric. L’impianto utilizzerà la rete elettrica pulita dell’Ontario e presenterà sistemi di raffreddamento a liquido avanzati per rack GPU di 150 kW e oltre. Questa infrastruttura garantisce la sovranità dei dati, mantenendo le informazioni sensibili sotto giurisdizione canadese mentre serve aziende, istituzioni e clienti governativi.
BUZZ HPC, una filiale de HIVE Digital Technologies (NASDAQ: HIVE), ha adquirido un centro de datos de 7,2 MW en el área metropolitana de Toronto. La instalación se desarrollará como un data centre de Nivel Tier III+ específicamente diseñado para cargas de IA, ofreciendo servicios de colocation y clústeres de cómputo acelerado para el desarrollo de IA.
La adquisición estratégica apoya la asociación de BUZZ HPC con Bell Canada y su ecosistema Bell AI Fabric. La instalación utilizará la red eléctrica limpia de Ontario y contará con sistemas avanzados de refrigeración líquida para racks GPU de 150 kW y más. Esta infraestructura garantiza la soberanía de los datos, manteniendo la información sensible bajo jurisdicción canadiense mientras sirve a empresas, instituciones y clientes gubernamentales.
BUZZ HPC는 HIVE Digital Technologies (NASDAQ: HIVE)의 자회사로, 토론토 대도시권에 위치한 7.2MW 데이터 센터 부지를 인수했습니다. 이 시설은 AI 작업부하를 위해 특별히 설계된 Tier III+ 데이터 센터로 개발되며, 코로케이션 서비스와 AI 개발용 가속 컴퓨트 클러스터를 제공합니다.
이 전략적 인수는 BUZZ HPC의 Bell Canada와의 파트너십 및 Bell AI Fabric 생태계를 지지합니다. 이 시설은 온타리오 주의 청정 전력망을 활용하고 150 kW 이상의 GPU 랙을 지원하는 고급 액체 냉각 시스템을 갖출 예정입니다. 이 인프라는 데이터 주권을 보장하며 캐나다 관할 하에 민감한 정보를 보관하고 기업, 기관 및 정부 고객을 대상으로 서비스를 제공합니다.
BUZZ HPC, filiale de HIVE Digital Technologies (NASDAQ: HIVE), a acquis un site de centre de données de 7,2 MW dans la région du Grand Toronto. L’installation sera développée en tant que data centre Tier III+ spécialement conçu pour les charges de travail IA, offrant des services de colocation et des clusters de calcul accéléré pour le développement de l’IA.
Cette acquisition stratégique soutient le partenariat de BUZZ HPC avec Bell Canada et son écosystème Bell AI Fabric. L’installation utilisera le réseau électrique propre de l’Ontario et comportera des systèmes avancés de refroidissement par liquide pour des racks GPU de 150 kW et plus. Cette infrastructure assure la souveraineté des données, tout en maintenant les informations sensibles sous juridiction canadienne et en servant entreprises, institutions et clients gouvernementaux.
BUZZ HPC, eine Tochter von HIVE Digital Technologies (NASDAQ: HIVE), hat einen 7,2-MW-Datencentre-Standort in der Greater Toronto Area erworben. Die Anlage wird zu einem Tier III+ Data Centre entwickelt, speziell konzipiert für KI-Workloads, und bietet Colocation-Services sowie beschleunigte Compute-Clustern für die KI-Entwicklung.
Die strategische Übernahme unterstützt die Partnerschaft von BUZZ HPC mit Bell Canada und dessen Bell AI Fabric-Ökosystem. Die Einrichtung wird Ontarios sauberes Stromnetz nutzen und fortschrittliche Flüssigkeitskühlungssysteme unterstützen GPU-Racks von 150 kW und mehr. Diese Infrastruktur gewährleistet Datensouveränität, indem sensible Informationen unter kanadischer Rechtsordnung bleiben und Unternehmen, Institutionen sowie Regierungsbehörden bedient werden.
BUZZ HPC، التابعة لشركة HIVE Digital Technologies (NASDAQ: HIVE)، استحوذت على موقع مركز بيانات بطاقة 7.2 ميغاواط في منطقة تورونتو الكبرى. سيتم تطوير المرفق إلى مركز بيانات من المستوى Tier III+ مصمم خصيصاً لأعباء عمل الذكاء الاصطناعي، مع تقديم خدمات الاستضافة وعناقيد الحوسبة المعجلة لتطوير الذكاء الاصطناعي.
تدعم الصفقة الاستراتيجية شراكة BUZZ HPC مع Bell Canada ونظام Bell AI Fabric البيئي. سيستخدم المرفق شبكة الكهرباء النظيفة في أونتاريو وسيحتوي على أنظمة تبريد سائلة متقدمة تدعم رفوف GPU بسعة 150 كيلوفولت-واط أو أكبر. تُظهر هذه البنية التحتية سيادة البيانات، مع إبقاء المعلومات الحساسة تحت الاختصاص الحكومي الكندي مع خدمة الشركات والمؤسسات والعملاء الحكوميين.
BUZZ HPC，是 HIVE Digital Technologies（纳斯达克：HIVE）的子公司，已在大多伦多地区收购了一个价值7.2 MW的数据中心用地。该设施将开发为专门用于AI工作负载的Tier III+数据中心，提供托管服务和用于AI开发的加速计算集群。
这一战略收购支持 BUZZ HPC 与 Bell Canada及其 Bell AI Fabric 生态系统的合作伙伴关系。该设施将利用安大略省的清洁电力网络，并配备支持 150 kW 及以上 的GPU机架的高端液体冷却系统。这一基础设施确保数据主权，在加拿大司法辖区内保存敏感信息，同时为企业、机构和政府客户提供服务。
- Strategic acquisition of 7.2 MW data centre in Toronto's growing AI hub
- Partnership with Bell Canada expands nationwide compute infrastructure access
- Advanced liquid-cooling systems support high-density AI training capabilities
- Facility ensures data sovereignty and protection under Canadian jurisdiction
- Leverages Ontario's clean electricity grid for sustainable operations
- Significant power infrastructure investment required for facility development
- High operational costs associated with advanced cooling systems
- Competitive pressure in Toronto's growing data center market
This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2025) - BUZZ High Performance Computing ("BUZZ HPC"), a wholly owned subsidiary of HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a Canadian AI cloud provider and NVIDIA Cloud Partner, today announced the acquisition of a 7.2-megawatt (MW) data centre site in the Greater Toronto Area (GTA).
The site will form the foundation of a new Tier III+ data centre built specifically for AI workloads. The facility will serve dual purposes: offering colocation services to enterprises, institutions, and governments seeking sovereign data infrastructure, and deploying BUZZ HPC's own accelerated compute clusters to support high-performance AI development and deployment.
This site will also support BUZZ HPC's recently announced partnership with Bell Canada and its Bell AI Fabric ecosystem, expanding access to sovereign accelerated compute infrastructure nationwide.
Engineered for sustainability and performance, the facility will leverage Ontario's clean electricity grid and deploy liquid-cooling systems capable of supporting GPU racks of 150 kW and higher. This design enables hosting of the most advanced GPU clusters, optimized for high-density AI training, fine-tuning, and inference.
Craig Tavares, President and COO of BUZZ HPC, stated: "This acquisition represents an important step forward for BUZZ HPC and for Toronto's role in the growing AI sector. Together with the Bell AI Fabric partnership, the new data center will provide the power and infrastructure needed to support Canadian research, business innovation, and secure, high-performance deployments. Whether through colocation services or direct access to our accelerated compute clusters, our customers and partners will benefit from infrastructure designed for scalability, reliability, and data sovereignty."
Figure 1: Exterior photo of BUZZ HPC's 7.2 MW Toronto Data Center
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5335/266948_c614b0fa74b1e985_002full.jpg
Why Sovereign AI Infrastructure Matters
Sovereign AI infrastructure ensures sensitive data stays in Canada under Canadian law, protecting it from foreign regulations. By keeping facilities Canadian-owned and operated, BUZZ HPC helps secure the country's digital independence, safeguard critical data from geopolitical risks, and provide universities, researchers, and startups with local access to GPU power. By investing in this sector, we aim to drive economic growth, generate high-value employment, and reinforce Canada's leadership in AI.
Toronto's Role in Canada's AI Future
Toronto is home to a globally recognized AI ecosystem, anchored by the Vector Institute, the University of Toronto, other leading institutions, and hundreds of startups. The GTA has attracted billions in AI investment and built one of North America's fastest-growing AI workforces. By adding sovereign, sustainable compute capacity in the heart of this ecosystem, BUZZ HPC strengthens Canada's ability to innovate securely and compete globally.
Figure 2: Geographical location of BUZZ HPC's growing Canadian footprint
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5335/266948_c614b0fa74b1e985_003full.jpg
About BUZZ HPC
BUZZ High Performance Computing (BUZZ HPC), a wholly owned subsidiary of HIVE Digital Technologies Ltd. (TSXV: HIVE) and an NVIDIA Cloud Partner, delivers enterprise-grade cloud services and large-scale NVIDIA GPU clusters. The platform supports a suite of managed services, including Kubernetes, Slurm, virtual machines, and bare-metal deployments optimized for AI, machine learning, and scientific workloads.
Headquartered in Canada with a global reach, BUZZ HPC is one of the first and few Canadian sovereign AI platforms operating at scale. Since 2017, it has deployed supercomputing environments across Canada and the Nordics. Its Tier 3+ data centres powered entirely by renewable energy and engineered with ultra-low Power Usage Effectiveness (PUE) host thousands of industrial-grade GPUs across North America and Europe used for AI model training, fine-tuning and inference.
Through its Green GPU initiative, BUZZ HPC combines AI innovation with sustainability, offering localized expertise and global infrastructure.
Learn more at https://www.buzzhpc.ai.
For further information, please contact:
Craig Tavares, BUZZ HPC President and COO
Tel: (604) 664-1078
About HIVE Digital Technologies Ltd.
Founded in 2017, HIVE Digital Technologies Ltd. builds and operates sustainable blockchain and AI infrastructure powered by renewable hydroelectric energy. With a global footprint across Canada, Sweden, and Paraguay, HIVE is committed to operational excellence, green energy leadership, and creating long-term value for its shareholders and host communities.
For more information, visit hivedigitaltech.com and https://www.buzzhpc.ai
For further information, please contact:
Nathan Fast, Director of Marketing and Branding
Frank Holmes, Executive Chairman
Aydin Kilic, President & CEO
Tel: (604) 664-1078
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Information
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, which may include but is not limited to statements regarding: the expected deployment, timing, capacity, and expansion of BUZZ HPC's NVIDIA-accelerated infrastructure; the potential impact on Canadian AI innovation, competitiveness, and economic growth; compliance with privacy, cybersecurity, and data residency regulations; the use of renewable energy; and any other future-oriented statements. Forward-looking information is based on current expectations, estimates, forecasts, and projections, as well as management's beliefs and assumptions, including that the partnership will proceed as planned, infrastructure will be deployed on the expected timelines and within budget, demand for AI computing will continue to grow, and regulatory requirements will remain consistent with current expectations, and other related risks as more fully set out in the Company's disclosure documents under the Company's filings at www.sec.gov/EDGAR and www.sedarplus.ca.
Forward-looking information involves known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: the risk that deployment timelines may change; that costs may exceed expectations; that demand for AI infrastructure may be lower than anticipated; that partnerships or regulatory approvals may not materialize as expected; and the risk factors described in the Company's continuous disclosure documents available on SEDAR+ at www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking information. The Company disclaims any obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by law.
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FAQ
What is the capacity of BUZZ HPC's new Toronto data centre acquisition?
How does BUZZ HPC's new data centre benefit Canadian AI development?
What cooling technology will BUZZ HPC's Toronto data centre use?
How does the Bell Canada partnership integrate with BUZZ HPC's new facility?
Why did HIVE choose Toronto for its new data centre location?
