BUZZ HPC lands $129M fixed-rate credit for Cohere GPU cluster
HIVE Digital said its indirect subsidiary BUZZ Alpha Cloud secured a roughly $129 million fixed-rate credit facility at 9.0% per annum over three years. The funds will finance a $165 million cluster of 2,303 Nvidia GB200 NVL72 GPUs for a three-year sovereign AI contract with Cohere worth $225 million.
- $129M facility carries a fixed 9.0% rate over three years
- Cluster of 2,303 Nvidia GB200 NVL72 GPUs costs $165M
- Cohere contract totals $225M over three years
- GPU delivery expected toward the end of Q4 2026
Read next
Hardware