ComputeDeal
HIVE secures $129 million financing to fund GPU purchase for the Cohere and Bell AI Fabric cluster
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.
- Size
- $129 mn
- Companies
- Bell AI Fabric, Cohere, HIVE Digital Technologies Ltd.
- Source
- HIVE Digital Technologies Ltd. 8-K, filed Nov 10, 2026
- Published here
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