13 AI News Investors Should Not Miss

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9. HIVE Digital Technologies Ltd. (NASDAQ:HIVE)

Number of Hedge Fund Holders: 7

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) specializes in sustainable blockchain and AI infrastructure powered by renewable energy.

HIVE (NASDAQ:HIVE) announced a $30 million investment to expand its AI and HPC capabilities with NVIDIA H100 and H200 GPU clusters in Quebec, leveraging renewable energy. The H100 cluster, consisting of 248 GPUs, will be operational by year-end, while the H200 cluster, with 508 GPUs, is set for Q1 2025 deployment. Combined, these systems are expected to generate over $35 million in annualized revenue by mid-2025. HIVE aims to address growing AI demand with sustainable infrastructure, advancing applications in healthcare, education, and creative industries while projecting $100 million in revenue by 2025.

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