BUZZ HPC advances 320 MW AI gigafactory in Greater Toronto Area
BUZZ HPC is planning to build a 320 MW AI gigafactory in the Greater Toronto Area, marking a significant shift from Bitcoin mining to high-performance computing. The project, which will cost approximately CAD $3.5 billion, aims to house over 100,000 GPUs and is expected to begin operations in the second half of 2027. This facility will be one of North America's largest AI clusters, located within the Toronto-Waterloo innovation corridor.
- ▪BUZZ HPC is a subsidiary of HIVE Digital Technologies.
- ▪The gigafactory will be built on a 25-acre land parcel acquired for about CAD $46 million.
- ▪The facility is designed to support a vertically integrated supercomputing platform with over 100,000 GPUs.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/18112450/hive-s-buzz-hpc-plans-320-mw-gta-ai-gigafactory-hive-stock-n-1-800x420.jpeg" alt="BUZZ HPC advances 320 MW AI gigafactory in Greater Toronto Area" class="w-full aspect-[19/10] object-cover" /> BUZZ HPC advances 320 MW AI gigafactory in Greater Toronto Area HIVE Digital's subsidiary plans a CAD $3.5B sovereign AI campus with over 100,000 GPUs, marking a major pivot from Bitcoin mining to high-performance computing. Share Add us on Google by Editorial Team May. 18, 2026 HIVE Digital Technologies is betting big on Canada’s AI future.
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