QuantGold: Encrypted AI Compute for Sensitive Data without Exposure.
ByAinvest
Tuesday, Jun 24, 2025 9:07 am ET1min read
BUZZ--
The facility, which is expected to become BUZZ HPC’s first Tier 3 data center, will be upgraded to support liquid cooling and host up to 5,000 next-generation GPUs. This upgrade will enable large-scale AI model training and inference, supporting both Canadian enterprise and government workloads. The company emphasizes the importance of this acquisition in reinforcing Canada's digital sovereignty [1].
Craig Tavares, president and chief operating officer of BUZZ HPC, stated, "With the explosion of demand for HPC and AI compute capacity, this Toronto site gives us a critical footprint to develop a sovereign AI data center — owned and operated in Canada by a Canadian public company — ensuring data residency, security, and national innovation leadership" [1].
This move comes amid a global race to build national AI infrastructure, as countries strive to keep pace with the rapid advancements in generative AI development. The acquisition signals BUZZ HPC’s first major step into operating its own facility, aligning with HIVE's strategic shift towards AI and cloud services, particularly those powered by renewable energy [1].
References:
[1] https://www.coindesk.com/markets/2025/06/23/hive-digital-to-launch-canadian-ai-data-hub-with-72-mw-toronto-site-purchase
HIVE--
VCIG--
QuantGold is a sovereign-grade AI infrastructure that enables computation on sensitive datasets without compromising data ownership or privacy. The platform is designed to unlock the sovereign data economy for governments and enterprises. Backed by over 120 encryption patents and already deployed in 100+ institutions, QuantGold is targeting an approximate US$400 billion market. VCI Global owns a 20% equity stake in QuantGold and will integrate its cybersecurity, AI GPU, and data infrastructure businesses into the platform.
HIVE Digital Technologies has announced plans to acquire a 7.2-megawatt data center in Toronto, aiming to transform it into a cornerstone for artificial intelligence (AI) infrastructure through its subsidiary BUZZ HPC. This acquisition marks BUZZ HPC's first major step into operating its own facility, as HIVE shifts focus from crypto mining to AI and cloud services [1].The facility, which is expected to become BUZZ HPC’s first Tier 3 data center, will be upgraded to support liquid cooling and host up to 5,000 next-generation GPUs. This upgrade will enable large-scale AI model training and inference, supporting both Canadian enterprise and government workloads. The company emphasizes the importance of this acquisition in reinforcing Canada's digital sovereignty [1].
Craig Tavares, president and chief operating officer of BUZZ HPC, stated, "With the explosion of demand for HPC and AI compute capacity, this Toronto site gives us a critical footprint to develop a sovereign AI data center — owned and operated in Canada by a Canadian public company — ensuring data residency, security, and national innovation leadership" [1].
This move comes amid a global race to build national AI infrastructure, as countries strive to keep pace with the rapid advancements in generative AI development. The acquisition signals BUZZ HPC’s first major step into operating its own facility, aligning with HIVE's strategic shift towards AI and cloud services, particularly those powered by renewable energy [1].
References:
[1] https://www.coindesk.com/markets/2025/06/23/hive-digital-to-launch-canadian-ai-data-hub-with-72-mw-toronto-site-purchase
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet