Cohere | Interconnecting Intelligence

Compute Deal Nov 10, 2026

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 Fabric Cohere HIVE Digital Technologies Ltd. Source: HIVE Digital Technologies Ltd. 8-K, filed Nov 10, 2026

Demand Financial disclosure Nov 10, 2026

HIVE reports approximately $185 million of contracted GPU Cloud ARR, with approximately $40 million live

$185 mn

Contracted ARR includes capacity not yet in service. It includes a three-year sovereign AI agreement with Bell AI Fabric supporting Cohere (2,304 NVIDIA GB200 NVL72 GPUs) and a five-year agreement with an investment-grade enterprise customer (2,016 NVIDIA GB300 NVL72 GPUs).

Bell AI Fabric Cohere HIVE Digital Technologies Ltd.NVIDIA Source: HIVE Digital Technologies Ltd. 8-K, filed Nov 10, 2026