BUZZ HPC Lands $129M Fixed-Rate Credit Facility for Cohere GPU Cluster
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Summary
HIVE Digital Technologies said in an October 27, 2026 news release that BUZZ Alpha Cloud Inc., an indirect subsidiary, has entered into a Loan and Security Agreement with an institutional lender for a fixed-rate credit facility of approximately $129 million to finance an NVIDIA GB200 NVL72 GPU cluster for a sovereign AI contract with Cohere. Facility Terms and Security Structure The facility bears a fixed interest rate of 9.0% per annum over a three-year term, with principal and interest…
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