HIVE Signs AI Deal

HIVE Signs LOI For Up To 10-Year AI Colocation Deal In Sweden • HIVE signed a non-binding LOI with an investment-grade Swedish technology company for an HPC colocation lease at its Boden facility • The agreement contemplates up to a 10-year lease covering approximately 25 MW of critical IT load • HIVE plans to retrofit the site to support up to 10,000 GB300 GPUs using hybrid liquid and air cooling • The LOI remains subject to negotiation and execution of a definitive agreement