Complete List of All AI Companies Under $2 Billion Market Cap

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

Market Capitalization: $400 Million

Number of Hedge Fund Holders: 7

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is a leading technology company focused on sustainable blockchain and AI infrastructure, powered by green energy.

On December 23, HIVE Digital (NASDAQ:HIVE) announced the acquisition and deployment of a new cluster of advanced NVIDIA H100 GPUs, along with the latest NVIDIA H200 GPUs, in Quebec, Canada. The $30 million investment strengthens the company’s position as a leader in the global gig economy and supports its dedication to advancing AI and high-performance computing (HPC).

The new supercomputing clusters are expected to open up new revenue streams while aligning with HIVE Digital’s (NASDAQ:HIVE) sustainability goals by using 100% renewable energy. The company projects that, once deployed with customers, the HPC services’ annual revenue run rate will exceed $20 million by Q2 2025, focusing on high-margin cloud computing and AI model training.

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