Hive Digital Technologies plans $2.5B AI gigafactory in Ontario by 2027
Hive Digital Technologies is planning to build a $2.5 billion AI gigafactory in Ontario by 2027. The facility will support AI and machine learning workloads and is expected to house over 100,000 GPUs. This initiative is part of a broader strategy to establish sovereign AI infrastructure in Canada.
- ▪The gigafactory will have a capacity of 320 MW and is located in the Greater Toronto Area.
- ▪Hive has already acquired 25 acres of land for the project, costing $58 million.
- ▪The facility will utilize a closed-loop cooling system to reduce environmental impact.
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Hive Digital Technologies plans $2.5B AI gigafactory in Ontario by 2027 The Bitcoin miner turned AI infrastructure play is betting big on a 320 MW facility near Toronto that could house over 100,000 GPUs. Share Add us on Google by Editorial Team May. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Hive Digital Technologies just made the kind of bet that signals where crypto-native companies think the real money is heading.
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