Home Business Hive Digital is expanding the NVIDIA chip suite with a $30 million...

Hive Digital is expanding the NVIDIA chip suite with a $30 million investment

0
Hive Digital is expanding the NVIDIA chip suite with a  million investment

https://www.tipranks.com/news/the-fly/hive-digital-expands-nvidia-chip-suite-with-30m-investment

HIVE digital technologies (BEEHIVE) announces the acquisition and deployment of an additional cluster from NVIDIA (NVDA) H100 GPUs in the Canadian province of Quebec and the latest NVIDIA H200 GPUs, which have been shipped to Quebec. “This $30 million investment strengthens HIVE’s growth position as a leader in the global gig economy and its commitment to driving the digital transformation of artificial intelligence and high-performance computing,” the company said. NVIDIA H100 cluster: Consists of 248 GPUs in 32 nodes connected to Infiniband, has arrived on site in Quebec, is fully configured and will be operational before the end of 2024. NVIDIA H200 cluster: Consists of 508 GPUs in 64 nodes connected to Infiniband is This cluster shipped and is expected to arrive in Quebec in early January 2025, with installation and customer deployment planned for calendar Q1 2025.

First published on DeVlieg – the ultimate source for real-time, market-moving financial news. Try now >>

See today’s best performing stocks on TipRanks >>

Read more about HIVE:

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version