U.S. Stocks Movement: HIVE extends pre-market gains by 2.7%, partners with Bell and Cohere to expand AI infrastructure
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Glonghui June 22｜Last Thursday (18th), Canadian Bitcoin miner HIVE Digital Technologies (HIVE.US) closed up 7.3%. Today, its US pre-market shares continue to rise by 2.7%, trading at $4.375. According to reports, HIVE officially announced that its AI subsidiary BUZZ HPC has signed a three-year GPU cloud service agreement with Bell AI Fabric, with a total contract value of approximately $220 million. The core objective of this collaboration is to provide underlying computing power support for AI startup Cohere. This move marks a substantial step in HIVE's strategic expansion into high-performance computing and AI infrastructure. (Glonghui)
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