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)
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.