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Fabric is a trustless application layer for Bitcoin that provides robust OS-like features, including secure multi-party computation and distributed storage.
Bitcoin mining company HIVE signs $220 million AI GPU contract with Bell, expected to generate an additional $70 million in annual revenue
Bitcoin mining company HIVE's subsidiary BUZZ High Performance Computing has signed a three-year sovereign AI cloud infrastructure contract worth approximately $220 million with Bell AI Fabric and Cohere. Under the contract, BUZZ HPC will deploy a cluster containing 2,304 Nvidia Grace Blackwell GPUs at Bell's facility in Merritt, British Columbia.Funding for the Blackwell systems comes from the $115 million convertible note financing completed in April. The deployment is expected to become operational between late 2026 and early 2027, and is projected to add approximately $70 million to the company's current $35 million in annual recurring revenue. Additionally, HIVE has received approval to acquire a 32-megawatt data center in Big Boden, Sweden, and plans to upgrade it to support enterprise-grade AI workloads. (The Block)
Robin Markets Secures $475,000 in Seed Funding, Led by Fabric VC
Robin Markets announced on Twitter that it has completed a $475,000 seed funding round led by Fabric VC, with co-leads including Animoca Brands, ATKA Incubator, John Lilic, and Stefan D. George. Additional participants include Hilbert Capital, Layer Zero, Gnosis, and other institutional and angel investors. Robin Markets has also launched its V1 staking product to the public. Robin Markets is a DeFi platform focused on yield generation from Polymarket positions, with its core product enabling users to earn yield on their Polymarket holdings.
Bitcoin mining company HIVE signs $220 million AI GPU contract with Bell, expected to generate an additional $70 million in annual revenue
Bitcoin mining company HIVE's subsidiary BUZZ High Performance Computing has signed a three-year sovereign AI cloud infrastructure contract worth approximately $220 million with Bell AI Fabric and Cohere. Under the contract, BUZZ HPC will deploy a cluster containing 2,304 Nvidia Grace Blackwell GPUs at Bell's facility in Merritt, British Columbia.Funding for the Blackwell systems comes from the $115 million convertible note financing completed in April. The deployment is expected to become operational between late 2026 and early 2027, and is projected to add approximately $70 million to the company's current $35 million in annual recurring revenue. Additionally, HIVE has received approval to acquire a 32-megawatt data center in Big Boden, Sweden, and plans to upgrade it to support enterprise-grade AI workloads. (The Block)
Bitcoin mining company HIVE Digital’s BUZZ HPC secures $220 million GPU cloud contract
Bitcoin mining company HIVE Digital announced that its wholly owned subsidiary, BUZZ High Performance Computing (BUZZ HPC), has entered into a sovereign AI infrastructure partnership with Bell Canada and Cohere. The collaboration will integrate Bell AI Fabric’s data center and network infrastructure, Cohere’s large language models and enterprise-grade AI capabilities, and BUZZ HPC’s computing platform—built on NVIDIA-accelerated GPU cloud and AI factory technologies. BUZZ HPC disclosed that it has signed a three-year GPU cloud contract valued at up to $220 million and will procure GB200 NVL72 rack-scale systems comprising 2,304 NVIDIA Grace Blackwell GPUs. This AI cluster will provide compute power for Cohere’s foundational models and enterprise AI applications.
Tether Launches Open-Source Local AI Toolkit QVAC SDK
According to Decrypt, stablecoin issuer Tether has announced the launch of its open-source software development kit (SDK), the QVAC SDK, enabling AI applications to run directly on-device without relying on cloud servers. The SDK supports iOS, Android, Windows, macOS, and Linux platforms. Built on the llama.cpp fork QVAC Fabric, it enables text generation, speech processing, visual recognition, and translation. It leverages the Holepunch protocol stack to facilitate peer-to-peer model distribution and delegated inference. Tether plans to integrate decentralized training and fine-tuning capabilities in future updates, and will release specialized toolkits for robotics and brain-computer interfaces.
Related news
Bitcoin mining company HIVE signs $220 million AI GPU contract with Bell, expected to generate an additional $70 million in annual revenue
Bitcoin mining company HIVE's subsidiary BUZZ High Performance Computing has signed a three-year sovereign AI cloud infrastructure contract worth approximately $220 million with Bell AI Fabric and Cohere. Under the contract, BUZZ HPC will deploy a cluster containing 2,304 Nvidia Grace Blackwell GPUs at Bell's facility in Merritt, British Columbia.Funding for the Blackwell systems comes from the $115 million convertible note financing completed in April. The deployment is expected to become operational between late 2026 and early 2027, and is projected to add approximately $70 million to the company's current $35 million in annual recurring revenue. Additionally, HIVE has received approval to acquire a 32-megawatt data center in Big Boden, Sweden, and plans to upgrade it to support enterprise-grade AI workloads. (The Block)
Bitcoin mining company HIVE Digital’s BUZZ HPC secures $220 million GPU cloud contract
Bitcoin mining company HIVE Digital announced that its wholly owned subsidiary, BUZZ High Performance Computing (BUZZ HPC), has entered into a sovereign AI infrastructure partnership with Bell Canada and Cohere. The collaboration will integrate Bell AI Fabric’s data center and network infrastructure, Cohere’s large language models and enterprise-grade AI capabilities, and BUZZ HPC’s computing platform—built on NVIDIA-accelerated GPU cloud and AI factory technologies. BUZZ HPC disclosed that it has signed a three-year GPU cloud contract valued at up to $220 million and will procure GB200 NVL72 rack-scale systems comprising 2,304 NVIDIA Grace Blackwell GPUs. This AI cluster will provide compute power for Cohere’s foundational models and enterprise AI applications.
Robin Markets Secures $475,000 in Seed Funding, Led by Fabric VC
Robin Markets announced on Twitter that it has completed a $475,000 seed funding round led by Fabric VC, with co-leads including Animoca Brands, ATKA Incubator, John Lilic, and Stefan D. George. Additional participants include Hilbert Capital, Layer Zero, Gnosis, and other institutional and angel investors. Robin Markets has also launched its V1 staking product to the public. Robin Markets is a DeFi platform focused on yield generation from Polymarket positions, with its core product enabling users to earn yield on their Polymarket holdings.
Tether Launches Open-Source Local AI Toolkit QVAC SDK
According to Decrypt, stablecoin issuer Tether has announced the launch of its open-source software development kit (SDK), the QVAC SDK, enabling AI applications to run directly on-device without relying on cloud servers. The SDK supports iOS, Android, Windows, macOS, and Linux platforms. Built on the llama.cpp fork QVAC Fabric, it enables text generation, speech processing, visual recognition, and translation. It leverages the Holepunch protocol stack to facilitate peer-to-peer model distribution and delegated inference. Tether plans to integrate decentralized training and fine-tuning capabilities in future updates, and will release specialized toolkits for robotics and brain-computer interfaces.