HIVE Seeks $75M to Boost AI Infrastructure
April 16, 2026 at 20:32
0
✦ AI Summary
- HIVE aims to raise $75 million for expansion
- Funds will enhance GPU capacity and data centers
- The company focuses on high-performance computing beyond mining
The Bitcoin mining company, HIVE, is seeking to raise $75 million to enhance its artificial intelligence infrastructure. The funds will be allocated towards expanding its GPU capacity and increasing the number of data centers, as HIVE looks to shift its business model towards high-performance computing.
Share: