Hive Digital Technologies Expands AI Infrastructure With Dell And Bell Partnerships

Key takeaways

HIVE Digital Technologies announced on November 17 that its subsidiary BUZZ High Performance Computing has entered into an agreement with Dell Technologies to deploy advanced AI infrastructure as part of its expanding partnership with Bell Canada.

The deployment includes a 63-node cluster of liquid-cooled Dell PowerEdge XE9680L servers operating 504 latest-generation GPUs optimized for AI workloads.

The fully integrated Dell IR5000 racks will be installed at the Bell AI Fabric data center through Dell Integrated Rack Scalable Systems.

Scaling Canada's sovereign AI infrastructure

BUZZ recently achieved Bronze status in the Semi-Analysis ClusterMax rankings, positioning the company among AI cloud sector peers.

Beyond the Bell AI Fabric facility, BUZZ is advancing proprietary high-efficiency liquid-cooled data center designs in Canada and Sweden, with long-lead components already being procured for operations scheduled to begin in the second half of 2026.

Each Canadian and Swedish site will support 2,000 additional latest-generation GPUs alongside the Bell AI Fabric facility.

The expansion aims to bring BUZZ's AI Cloud to more than 6,000 GPUs by the end of 2026. Combined with over 5,000 GPUs already in operation, this would bring the total to over 11,000 GPUs by the end of 2026.

Revenue projections and facility upgrades

The expansion is projected to generate an additional $120 million in annual recurring revenue, with an 80% operating margin after electrical and data center costs.

This would add to the company's current $20 million annual recurring revenue from its AI Cloud business.

HIVE's 70-megawatt Tier I data center in Grand Falls, New Brunswick, spanning 32.5 acres, is being upgraded to a Tier III+ facility with a power usage effectiveness rating below 1.3.

Once complete, the site will support over 25,000 latest-generation GPUs based on reference architecture.

Building on the Bell Canada partnership

The Dell deployment builds on BUZZ's existing partnership with Bell Canada. In August, BUZZ announced it had signed a preferred partnership with Bell Canada to deliver one of Canada's largest sovereign AI ecosystems through Bell AI Fabric.

"Sovereign is the new standard for cloud computing, and this partnership with Bell marks the beginning of a new era for AI innovation in Canada, with NVIDIA-accelerated infrastructure deployed domestically and a global footprint serving international customers, we are uniquely positioned to help Canada lead in AI while protecting its digital independence," Frank Holmes, Executive Chairman of BUZZ HPC, stated in the August press release announcing the Bell partnership.

Craig Tavares, President and COO of BUZZ HPC, said at the time, "BUZZ and Bell are sovereign by design, built to protect privacy and deliver trusted performance for innovators of all kinds. As a sovereign AI provider and NVIDIA Cloud Partner, our integration with Bell AI Fabric ensures secure, scalable access to accelerated computing across Canada empowering innovators to build globally competitive AI while maintaining full control over their data."

John Watson, Group President of Business Markets, AI and Ateko at Bell, commented in August, "BUZZ HPC is one of the few Canadian cloud service providers with a purpose-built AI cloud that has experience operating GPU clusters at scale. We are excited to partner with BUZZ HPC for its AI infrastructure solutions - an important layer in the Bell AI Fabric ecosystem delivering the advanced workloads our customers need in a sovereign, private and secure Canadian facility."

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