HIVE Digital Technologies Ltd Data Center News

EdgeMode Explores Development of 20MW AI Data Center in Sweden

EdgeMode, a US-based data center developer, has partnered with AI infrastructure firm Vertical Data to market and deliver a 20MW AI data center in Sweden. The project aims to combine EdgeMode’s Marviken Smart Energy Cluster, which is tied to a 95MW renewable Power Purchase Agreement (PPA), imm...

August 14, 2025

Abdul-Rahman Oladimeji

Sweden

Cryptominer Hive Digital acquires Toronto data center

Crypto firm Hive Digital this week announced the signing of a purchase and sale agreement to acquire a facility with 7.2MW of installed capacity. Hive said the acquisition will support the development of a “sovereign Canadian AI ecosystem” through its wholly owned subsidiary, Buzz High Perform...

June 25, 2025

Abdul-Rahman Oladimeji

Toronto

EdgeMode acquires Synthesis Analytics Production

US data center firm EdgeMode has announced the acquisition of Synthesis Analytics Production Ltd. (SAPL), in a $1.75 million deal that sees EdgeMode take charge of a 95MW power purchase agreement, a long-term lease on an in-development 20MW high-performance computing data center, and freehold ...

June 17, 2025

Abdul-Rahman Oladimeji

Sweden

DeepL Deploys Nvidia DGX SuperPOD in Falun, Sweden

Language AI company DeepL has deployed an Nvidia DGX SuperPOD with GB200 NVL72 systems at EcoDataCenter's Falun, Sweden, facility. DeepL will use the GB200 NVL72 systems to train its models, noting in a LinkedIn post that the system is powerful enough that it can translate the "entire web" in ...

June 17, 2025

Abdul-Rahman Oladimeji

Sweden

Brookfield Plans $10bn Investment on a Swedish AI Data Center

Brookfield Asset Management plans to spend up to 95 billion kronor ($9.9 billion) on an AI data center in Strängnäs, Sweden. The investment more than doubles a planned 300MW facility to 750MW, with the company planning to purchase 350,000 sqm of additional land in Strängnäs to support the larg...

June 06, 2025

Abdul-Rahman Oladimeji

Sweden

atNorth buys land for data center in Långsele, Sweden

Nordic colocation provider atNorth has bought a 30-hectare plot for a potential data center in Långsele, Sweden. Located in the Sollefteå municipality in Hamre Industripark, the land will host the company’s first ‘mega site.'“This is a fantastic opportunity for Sollefteå municipality and the H...

December 19, 2024

Abdul-Rahman Oladimeji

Sweden

T.Loop appoints Helena Fagraeus Lundström as CEO

Swedish Edge data center firm T.Loop has appointed Helena Fagraeus Lundström as its new CEO. Lundström was most recently at solar developer Solkompaniet, where she was chief strategy office and then business unit director for land development. Prior to that, she had held roles at Swedish boat ...

December 04, 2024

Abdul-Rahman Oladimeji

Sweden

Telenor Sweden CEO to step down at end of year

Telenor Sweden CEO Bjørn Ivar Moen has announced he will step down as CEO at the end of this year, and the hunt for a successor has already begun, as confirmed by the company in a statement. "All good things eventually come to an end," said Moen on LinkedIn this week. "Today, we announced that...

November 28, 2024

Abdul-Rahman Oladimeji

Sweden

Volvo Penta invests in UIG

Swedish marine and industrial engine manufacturer Volvo Penta has announced a follow-up investment in UtilityInnovation Group (UIG), an US and Irish company specializing in utility systems and decentralized energy solutions. Following the investment, UIG aims to combine Volvo’s battery energy ...

November 15, 2024

Abdul-Rahman Oladimeji

Sweden

T.Loop to place data center in Stockholm’s slaughterhouse district

Swedish Edge data center firm T.Loop l ast week announced it had entered into an agreement with real estate development firm Atrium Ljungberg for operational management of the Palmfelt Datacenter in the Slaughterhouse area of the capital. "We see great potential in the data center, which is ...

October 07, 2024

Abdul-Rahman Oladimeji

Sweden

Atos awarded contract to upgrade Sweden's Berzelius supercomputer

Atos's Eviden business unit has been awarded a four-year multi-million euro contract to boost the performance of the Berzelius supercomputer at Linkoping University for the second time. Eviden will integrate and deploy further Nvidia GPUs into the system, adding an extra 512 petaflops of FP8 A...

September 23, 2024

Abdul-Rahman Oladimeji

Sweden

CoreWeave to deploy new Nvidia clusters in Sweden

GPU cloud firm CoreWeave and Swedish colocation provider EcoDataCenter this week announced a partnership to host “one of Europe’s first large-scale Nvidia Blackwell clusters” in Sweden. CoreWeave aims to deploy thousands of Blackwell GPUs to help meet demand for large-scale AI infrastructure ...

August 30, 2024

Abdul-Rahman Oladimeji

Sweden

Hive plans 100MW hydroelectric cryptomine data center in Paraguay

Canadian cryptomining firm Hive Digital Technologies this week has announced plans to build a 100MW hydroelectricity-powered cryptomine data center in Paraguay. Hive said it will offer its “expertise in grid balancing and demand response” to support continued industrial development in Paraguay...

July 22, 2024

Abdul-Rahman Oladimeji

Paraguay

Hexatronic acquires parts of Icelandic services firm

Swedish Fiber and connectivity firm Hexatronic this week announced it has signed a letter of intent to acquire parts of Endor, a data center services unit owned by Icelandic company Sýn, in an acquisition which will bring Hexatronic a customer base across Iceland, Sweden, and Germany."The bus...

July 11, 2024

Abdul-Rahman Oladimeji

Sweden

BT's new CEO Allison Kirkby calls for telecoms infrastructure improvement

BT's new CEO Allison Kirkby this week called for the UK to improve its existing telecoms infrastructure. Kirkby, who joined the company earlier this year from Swedish telco Telia, also said that the Nordics is "way ahead" of the UK in telecoms infrastructure."What I would say is Scandinavia is...

June 04, 2024

Abdul-Rahman Oladimeji

Sweden

Telia Company completes sale of Danish business unit

Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milesto...

April 04, 2024

Abdul-Rahman Oladimeji

Sweden

Ericsson begins further layoffs in Sweden

Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as red...

March 26, 2024

Abdul-Rahman Oladimeji

Sweden

Intelsat signs deal to lease capacity on Eutelsat’s OneWeb satellites

Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...

March 26, 2024

Abdul-Rahman Oladimeji

Sweden

Vertiv installs grid-interactive UPS in Sweden data centers

Swedish colocation data center provider Conapto has installed Vertiv Liebert EXL S1, an Uninterruptible Power Supply (UPS) system that provides an integrated solution for critical power protection and grid support capabilities. “With the introduction of dynamic grid support, we are empowering ...

March 19, 2024

Abdul-Rahman Oladimeji

Stockholm

T.Loop acquires 800 square meters facility in Stockholm

New Swedish operator T.Loop has acquired a 800 square meter data center located in the center of Stockholm, Sweden. Details about ths facility including the seller and the terms of the transaction have not been shared. However, the company noted that this facility will be modernized throughout...

January 09, 2024

Abdul-Rahman Oladimeji

Stockholm

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