Hive Digital Technologies (HIVE): Race to $250 Million AI Revenue in 2026

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With the expanding AI adoption, Hive Digital Technologies Ltd (NASDAQ:HIVE) is expanding its information halfway capableness to instrumentality vantage of the increasing concern opportunity. On March 18, Hive Digital announced that its AI unreality level successful Paraguay is present operational, calling it a milestone development.

The institution further said that a Columbia University probe squad was moving AI modeling pre-training workloads connected its recently deployed platform. The show information generated by the assemblage squad volition enactment Hive Digital’s roadmap to commercialized capableness scaling successful Paraguay.

Hive Digital operates information centers successful Paraguay, Sweden, and Canada. It besides precocious announced a four-fold enlargement of its AI information halfway capableness successful Canada. On March 16, the institution said that it was expanding the capableness of its Canadian facilities from 4 MW to 16.6 MW. These are liquid-cooled information halfway facilities successful Manitoba and British Columbia that tally captious IT workloads.

According to Hive Digital, the enlargement allows for deployment of much than 4,000 AI-optimized GPUs crossed British Columbia and Manitoba. Its purpose is to scope 6,000 GPUs deployment successful Canada with contracted annualized gross run-rate of $200 cardinal by March 2027. The institution targets $250 cardinal successful AI gross successful 2026. Its AI gross was lone $1 cardinal successful 2023.

Hive Digital Technologies Ltd (NASDAQ:HIVE) is simply a integer infrastructure company. It builds and operates information centers powered by cleanable energy. Its information centers chiefly service clients moving blockchain and AI workloads.

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