RETRANSMISSION: BUZZ HPC Closes Acquisition of 7.2 MW Toronto Site to Build Data Centre for Sovereign AI Infrastructure

Core Viewpoint - BUZZ High Performance Computing (BUZZ HPC), a subsidiary of HIVE Digital Technologies Ltd., has acquired a 7.2 MW data center site in the Greater Toronto Area to establish a new Tier III+ data center focused on AI workloads, enhancing Canada's sovereign AI infrastructure [2][3][6]. Group 1: Acquisition and Infrastructure - The newly acquired site will serve dual purposes: providing colocation services for enterprises and deploying BUZZ HPC's accelerated compute clusters for high-performance AI development [3][6]. - The facility is designed for sustainability, utilizing Ontario's clean electricity grid and incorporating liquid-cooling systems to support GPU racks of 150 kW and higher [5][6]. Group 2: Partnerships and Ecosystem - The data center will support BUZZ HPC's partnership with Bell Canada, expanding access to sovereign accelerated compute infrastructure across Canada [4][6]. - Toronto is recognized as a global AI hub, attracting significant investment and fostering a rapidly growing AI workforce, which BUZZ HPC aims to enhance with its new facility [9]. Group 3: Economic and Strategic Importance - Sovereign AI infrastructure is crucial for ensuring sensitive data remains under Canadian law, protecting it from foreign regulations and geopolitical risks [8]. - The investment in this sector is expected to drive economic growth, create high-value jobs, and reinforce Canada's leadership in AI [8][9].