HIVE secures $220M AI infrastructure contract with Bell and Cohere
CoinTelegraph·
60-second summary
HIVE secures a $220 million AI infrastructure contract with Bell and Cohere, expected to add approximately $70 million in annual recurring revenue as the company scales its AI-focused operations, solidifying its position in the AI market. This significant deal will likely boost HIVE's revenue and enhance its competitiveness in the rapidly growing AI infrastructure space.
The deal is expected to add approximately $70 million in annual recurring revenue as the company scales its AI-focused operations.