HIVE Digital operates as a crypto-mining services provider using Nvidia GPUs. It leverages those GPUs to provide cloud technology that supports ChatGPT and other AI tools. The company is developing a cloud hosting business built around GPU clusters. HIVE frames these offerings to advance AI applications within a new Web3 ecosystem. Recently the company received a $21.78 million strategic investment. The article does not disclose additional operating metrics or investor identities.

Total raised

$22M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2023