Texas-based digital infrastructure company Hive Digital Technologies is bringing its Buzz Cloud platform to Paraguay.
Revealed by the company today, January 13, Hive has entered into a "strategic joint venture" with Paraguay's "leading telecommunications operator," the identity of which has not been shared.
According to Hive, through this partnership, the company will bring its AI cloud offering dubbed "Buzz Cloud" to Paraguay, hosting its hardware in a Tier III data center in the capital city, Asunción, which is operated by the unnamed telco. According to the Uptime Institute certification list, Tigo Paraguay operates a Tier III certified facility in Asunción.
The AI cloud platform will target academic and research institutions, enterprises, financial services firms, and healthcare providers across Paraguay and the broader South American region.
Deployment is set to begin in the first quarter of 2026 and will include an "enterprise-grade GPU cluster" that will scale over time. The data center itself is powered by renewable hydroelectric power.
Prior to this joint venture, Hive has held a presence in Paraguay through its crypto-mining facilities, which it describes as "Tier I data centers," though they do not seem to be Uptime Certified. The company says these sites represent part of a "phased approach" that will provide a "disciplined and economically efficient pathway toward higher-tier AI-ready facilities." In October 2025, the company said it was looking to increase the capacity of these sites by some 100MW.
Frank Holmes, executive chairman of Hive, said: “Paraguay has been an important operating geography for Hive, where we have demonstrated how energy-led digital infrastructure can support long-term value creation. This progression is consistent with patterns we have observed in Texas, including around San Antonio, where infrastructure development began with Tier I data centers and later expanded into capital-intensive Tier III facilities capable of hosting advanced AI workloads.
"We believe Paraguay’s economic stability, supportive policy environment, and institutional relationships provide a constructive foundation for continued digital infrastructure development.”
Aydin Kilic, president and CEO of Hive, added: “The launch of AI cloud infrastructure in Asunción represents an initial step toward enabling academia, research institutions, businesses, financial services, and healthcare organizations to access high-performance compute capacity locally. This initiative complements Hive’s existing Tier I data center operations in Paraguay, which currently utilize approximately 300 megawatts, and which, subject to market conditions and approvals, may expand by an additional 100 megawatts in 2026."
Hive was founded in 2017 and originally functioned as a Bitcoin mining company. It has since expanded into the AI cloud compute space and is building and operating data centers for both purposes across Canada, Sweden, Paraguay, and the US. According to a previous release, the company aimed to have more than 11,000 GPUs running by the end of 2026.
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