HIVE Digital Technologies' subsidiary, BUZZ HPC, has signed a three-year contract for cloud GPU services with Bell Canada and Cohere, valued at approximately $220 million. The company will deploy 2,304 NVIDIA Grace Blackwell GPUs at Bell AI Fabric in British Columbia, Canada. The launch is expected in late 2026 to early 2027, with HIVE projecting an increase in annual recurring revenue from $35 million to around $70 million.