HIVE Digital Technologies Ltd. has announced plans to construct a major industrial-scale AI gigafactory in the Greater Toronto Area with an impressive 320 megawatts of utility capacity, aimed at bolstering Canada’s AI infrastructure. This initiative aligns with the growing emphasis on ‘sovereign AI’ strategies, which seek to retain critical compute capacity and data governance within Canada instead of relying on foreign data centers. The facility is expected to host over 100,000 GPUs at full capacity, contributing to the development of a domestically controlled AI ecosystem that leverages Canadian expertise and resources, particularly within the key Toronto-Waterloo innovation corridor recognized for its AI research capabilities.

Aydin Kilic: Aydin Kilic is the President and CEO of HIVE Digital Technologies, overseeing the company’s global portfolio of data centers and its shift toward large-scale AI and high-performance computing services. In the context of this news, he highlights HIVE’s land-banking strategy and growing power pipeline, presenting the 320 MW BUZZ facility and broader Canadian expansion as key to supporting a future fleet of GPUs and positioning HIVE and BUZZ among the leading AI-native cloud providers.
Frank Holmes: Frank Holmes is the Executive Chairman of HIVE Digital Technologies and BUZZ High Performance Computing, known for championing digital asset infrastructure and AI-focused data center investments. In this release, he frames the new Greater Toronto Area AI gigafactory as a strategic step toward Canadian ‘sovereign AI’ capacity, arguing that locally controlled compute infrastructure will underpin Canada’s competitiveness and leadership in the intelligence economy.
Craig Tavares: Craig Tavares is the President and COO of BUZZ High Performance Computing, responsible for designing and operating its sovereign AI infrastructure and multi-region GPU cloud services. Here, he emphasizes the national importance of the Greater Toronto Area gigafactory, describing it as the engine of Canada’s AI economy and the core of a vertically integrated, Canadian-governed supercomputing platform that links sites across several provinces.
HIVE Digital Technologies Ltd.: HIVE Digital Technologies Ltd. is a publicly traded Canadian company that develops and operates data centers focused on Bitcoin mining and high-performance computing, with an emphasis on using renewable energy and efficient infrastructure. In this news, HIVE is expanding its role in the AI infrastructure market by backing a massive new AI gigafactory in the Greater Toronto Area through its BUZZ High Performance Computing subsidiary, positioning itself as a provider of large-scale, AI-native cloud capacity in Canada and abroad.
BUZZ High Performance Computing Inc.: BUZZ High Performance Computing Inc. is a wholly owned subsidiary of HIVE Digital Technologies that operates sovereign AI cloud infrastructure and large GPU clusters across multiple continents, specializing in managed services for AI, machine learning, and scientific workloads. In this announcement, BUZZ is leading the development of a 320 MW AI gigafactory in the Toronto–Waterloo corridor, aiming to create one of Canada’s largest domestically controlled AI compute hubs and anchor a national AI platform powered by renewable energy.

Sovereign_AI_Trend: Over the past month, industry commentary and policy discussions in Canada and other advanced economies have increasingly focused on ‘sovereign AI’ strategies that keep critical compute capacity, data, and governance under domestic control rather than relying solely on foreign hyperscale clouds.
Green_Compute_Focus: Sustainability has become a prominent theme in new AI data center announcements, with Canadian projects in particular emphasizing the use of renewable power and advanced efficiency designs to address growing concerns about the environmental footprint of large GPU clusters.
Canadian_AI_Ecosystem: Recent coverage of Canada’s AI sector has highlighted the Toronto–Waterloo corridor and institutions such as the Vector Institute and University of Toronto as central to the country’s efforts to translate its foundational AI research leadership into domestically hosted, industry-scale AI infrastructure and applications.