News linked to both this project and an event.
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 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.
: “New Stock God” Serenity posted on platform X, stating that the proposal for the EU Chips Act 2.0 has been officially released. Photonics technology has been confirmed as a structural component of EU policy, which constitutes a long-term positive for the photonics industry. The proposal explicitly supports the development of photonic integrated circuits (PICs) and related technologies. This includes building and strengthening the advanced design, prototyping, and industrialization capabilities for PICs, expanding the EU's design capabilities in the photonics field, supporting pilot production lines and open semiconductor manufacturing facilities for PICs and related technologies, and developing and maintaining design libraries and design automation tools for PICs. The key policy directions include:1. Co-packaged optics (CPO/interconnects) for AI data centers, benefiting Sivers (SIVE)2. Silicon photonics applications for high-bandwidth data center interconnects, benefiting X-FAB (XFAB)3. Strengthening production technical capabilities for photonic integrated circuits, including co-packaging, heterogeneous integration, and material platforms4. The strategic position of SOI wafers within the EU is confirmed, with Soitec and Siltronic being key participantsSerenity's analysis indicates that the Act structurally benefits leading European photonics companies, especially those involved in AI data centers. It is expected that related stocks will benefit sequentially within 3 to 15 months after the policy release, and the market may have already started to react in a forward-looking manner.
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.