Hive Digital announces a strategic expansion into artificial intelligence and high-performance computing, acquiring 96 Nvidia H100 GPUs.
The move diversifies Hive's operations, traditionally focused on bitcoin mining, to include advanced AI and computing capabilities.
Hive's new initiative will enhance its existing GPU division, which currently operates 2,600 GPUs, offering clients varied access to advanced Nvidia technology.
Executive Chairman Frank Holmes emphasises Hive's goal to become a leader in AI infrastructure through its extensive GPU operations.
CEO Aydin Kilic highlights the operational differences between crypto mining and high-performance computing, with Hive strategically deploying GPUs across various applications.