HIVE secures $129 million financing to fund GPU purchase for the Cohere and Bell AI Fabric cluster
$129 mn
Capital commitments for the 2,304 GB200 GPU cluster were satisfied as of September 30, 2026. The GPUs are expected to ship before calendar year-end, after which lender funds are released from escrow to the GPU OEM as milestones are met.
Bell AI FabricCohereHIVE Digital Technologies Ltd. Source: HIVE Digital Technologies Ltd. 8-K, filed Nov 10, 2026