HIVE BUZZ HPC secures $220M sovereign AI GPU cloud contract with Bell and Cohere

On June 28, 2026, Sina Finance highlighted that HIVE Digital’s BUZZ HPC subsidiary has closed a three‑year sovereign AI GPU cloud contract worth about $220 million with Bell’s AI Fabric to serve Cohere’s enterprise workloads in Canada, deploying 2,304 NVIDIA Grace Blackwell GPUs in GB200 NVL72 systems. The deal is expected to lift BUZZ HPC’s contracted ARR above $100 million as the Merritt, BC AI factory comes online in late 2026 or early 2027. ([finance.sina.com.cn](https://finance.sina.com.cn/stock/usstock/summary/2026-06-28/doc-iniewwyk3475143.shtml))