Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the company’s acquisition of an AI infrastructure facility in Toronto and how the move strengthens Hive’s growing position in the rapidly expanding artificial intelligence sector. Daubaras explained that BUZZ is advancing a major infrastructure initiative focused on developing a planned industrial-scale AI facility capable of supporting approximately 320 megawatts (MW) of utility capacity. The project is expected to become one of Canada’s largest AI-focused infrastructure developments and has been designed to support vertically integrated AI supercomputing operations capable of hosting more than 100,000 GPUs once fully deployed. He noted that artificial intelligence is increasingly being viewed as a transformational technology capable of reshaping industries and economic systems worldwide. According to Daubaras, AI infrastructure is becoming a critical component of future economic competitiveness, with facilities designed to process and transform data into intelligence expected to play a central role in the next phase of digital growth. The company anticipates the project could be completed during the second half of 2027. As part of its strategic expansion, BUZZ High Performance Computing has acquired land totaling approximately 21 acres, along with an additional parcel near the project site. The transaction included a purchase price of roughly $46 million, while additional adjacent property measuring approximately four acres was acquired separately for approximately $12 million. Combined, the Main Parcel and Additional Parcel provide approximately 320 acres of development opportunity. Daubaras emphasized that the location itself offers meaningful strategic advantages. The project sits within the Toronto-Waterloo innovation corridor, an area widely recognized as one of North America’s most significant technology ecosystems and a hub for financial services, artificial intelligence, and advanced research activities. The site’s positioning also strengthens its potential value from an operational perspective. Located within one of the world's most important data and connectivity corridors, the project benefits from direct access to a deep pool of engineering expertise, research institutions, and enterprise customers. Daubaras noted that this combination of infrastructure, connectivity, and talent could help establish the project as a major center for next-generation AI computing. He also highlighted the growing importance of sovereign AI infrastructure, describing it as a foundational element of national competitiveness. Countries that maintain ownership and control of domestic computing capacity may be better positioned to retain data, develop proprietary technologies, and support economic growth in an increasingly AI-driven environment. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #darcydaubaras #ArtificialIntelligence #AIInfrastructure #DataCenters #HighPerformanceComputing #Technology #DigitalTransformation #GPU #Innovation #CanadaTech #datacenters #ontario #waterloo