News Heat Trend
Project Overview
BUZZ is a token launchpad that supports users to create tokens using custom contracts, tax options and max buy options [Chad only], and bond curves.
Related news
Bitcoin mining company HIVE acquires Toronto land parcel for $58 million to build AI computing center; stock surges over 40%
Bitcoin mining company HIVE Digital Technologies has acquired land in the Toronto area for $58 million, planning to build an industrial-scale AI computing center through its subsidiary BUZZ High Performance Computing. Once fully operational, the facility is expected to support approximately 320 MW of capacity and over 100,000 GPUs—potentially making it one of Canada’s largest computing “super-factories.” Following the announcement, HIVE’s stock surged nearly 45%. Just two weeks earlier, HIVE had raised $115 million to expand its global data center footprint and GPU capacity.
HIVE announces construction of a 320MW AI superfactory in Toronto, stock price surges over 35% at market open
HIVE plans to build a 320-megawatt AI infrastructure base in the Greater Toronto Area, which can accommodate over 100,000 GPUs at full capacity, with an expected launch in the second half of 2027. The estimated construction cost of the project is approximately $2.55 billion, and it will serve as an industrial-grade data center for training and running AI models.Currently, its subsidiary BUZZ has already spent about $42 million to acquire approximately 25 acres of land and secure the power supply. Additionally, HIVE CEO Aydin Kilic stated that the company's total global power capacity across its operating facilities and future projects now exceeds 850 megawatts. (theblock)