Hive Digital Technologies' subsidiary, Buzz HPC, is planning a 320MW data center in the Greater Toronto area of Canada.

The data center will be designed specifically for AI workloads, and is expected to host more than 100,000 GPUs at full build-out.

The data center will be located across two parcels of land with a total of 25 acres, which were purchased for CA$58 million (US$42.21m), and already have a 320MW power allocation.

The data center will increase the sovereign AI capacity in Canada, and is located between Geoffrey Hinton’s legacy, the University of Toronto, and the Vector Institute to the east, and Waterloo to the west.

The data center is targeting a go-live date of H2 2027, and will see CA$3.5bn (US$2.55bn) invested in the project. At least 800 construction jobs are expected to be created for the building phase of the data center. The facility will use a closed-loop cooling system with a "no-water use" approach.

Frank Holmes, executive chairman of Hive and Buzz HPC, said: "AI is the new industrial base and compute is the factory floor. Canada produced the Godfathers of deep learning but kept renting the factories. That era is over. Between Toronto and Waterloo, Buzz is building the sovereign AI infrastructure that turns Canadian intelligence into Canadian dominance."

Aydin Kilic, president and CEO of Hive Digital Technologies, added: “We have been strategically land-banking by regional substations, and we are very pleased to announce this expansion.  Hive now has over 850MW of power globally; this includes our 450MW of operating data centers plus a pipeline of 400MW of capacity, which we expect to bring online in 2027.

"Globally diversified growth, this includes our 100MW of operating data centers in Canada, now with a pipeline of 320MW for 2027. Buzz has done a phenomenal job expanding our footprint in Canada. With 5,500 GPUs online today doing AI compute, along with our 70MW New Brunswick Grand Falls site, and now our 320MW GTA site, we have the land and power to develop a pipeline of infrastructure to support approximately 130,000 GPUs. This puts Hive and Buzz at a global scale, with the largest AI native clouds.”

The new project will serve as the "anchor" data center site for Buzz's AI platform in Canada. Other locations under development in the country include British Columbia, Manitoba, Ontario, Quebec, and New Brunswick. In Canada, the company is working with Bell Canada on several deployments. In March 2026, they added a 6.5MW deployment at a Bell Canada data center in Merritt, British Columbia.

Globally, Hive has data centers in operation or under development in Sweden and Paraguay.

Buzz, originally known as Hive Cloud, offers access to Nvidia H100s, A6000s, A5000s, A40s, and H200s. Hive Digital Technologies was formerly Hive Blockchain, and was founded and went public in 2017. While still offering cryptomining services, Hive is pivoting to largely focus on its HPC customers.