320 Megawatt AI Data Centre near Toronto
Sector: Power Generation (CCGT) • Location: Toronto, Ontario, Canada
Source: Proactive Investors
Hive Digital Technologies Ltd plans to build one of Canada's largest artificial intelligence data centres in the Greater Toronto Area through its subsidiary Buzz High Performance Computing. The facility will have approximately 320 megawatts of power capacity and house more than 100,000 GPUs. The project involves a total capital investment of approximately 3.5 billion Canadian dollars and aims to b
- Status
- Prospective
- Sector
- Power Generation (CCGT), Water Supply and Storage, Data Center
- Location
- Toronto, Ontario, Canada
- Updated
- 22 Jul 2026
- Source
- Proactive Investors
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Hive Digital Technologies Ltd plans to build one of Canada's largest artificial intelligence data centres in the Greater Toronto Area through its subsidiary Buzz High Performance Computing. The facility will have approximately 320 megawatts of power capacity and house more than 100,000 GPUs. The project involves a total capital investment of approximately 3.5 billion Canadian dollars and aims to begin operations in the second half of 2027. It will create over 800 construction jobs and hundreds of permanent skilled positions once operational. The facility is designed to run on Ontario's electricity grid using closed-loop cooling systems that avoid water consumption. |
Original sector | Technology |
Budget |
Location
Country | Canada |
State | Ontario |
City | Toronto |
Source
Source | Proactive Investors |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Water Supply and Storage, Data Center |
Article published date | 2026-05-21 |
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