# HIVE Secures $220M AI Deal with Bell Canada

Page: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/hive-secures-220m-ai-deal-with-bell-canada
Text version: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/hive-secures-220m-ai-deal-with-bell-canada.md
Podcast: [Business News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192)
Published: 2026-06-18T19:37:31+00:00
Episode link: https://api.fastcast.ai/audio/ac2b8df4-cabb-4ccf-b914-b17a6b1f8255.mp3
Audio file: https://api.fastcast.ai/audio/ac2b8df4-cabb-4ccf-b914-b17a6b1f8255.mp3
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Duration seconds: 125

## Resource

HIVE Digital Technologies just secured a $220 million AI infrastructure deal with Bell Canada and Cohere, marking their biggest contract ever and a major pivot from crypto mining to sovereign AI. The three-year agreement, powered by top-tier NVIDIA chips, will run Canadian AI on Canadian soil — aligning with the government’s $10B+ AI compute push. Cohere, valued at $20B after a major merger, will use the infrastructure for its Canadian clients. For HIVE, this shift offers stable, long-term revenue — projected at $70M annually — adding to their existing $35M GPU revenue, aiming for $100M+ in HPC revenue. They’re also building a massive Toronto AI data center with 100,000 GPUs, targeting $360M annual recurring revenue, with a goal of $660M in HPC revenue by 2028. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/eee79b98a2477cdc

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