BUZZ HPC, HIVE subsidiary, signs Canada data center pledge alongside Google, Microsoft, Amazon
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BUZZ HPC, a sovereign AI cloud and high-performance computing provider and wholly owned subsidiary of HIVE Digital Technologies (Nasdaq: HIVE), signed Canada's Responsible Data Centre Development Principles on September 8, 2026. The principles, published by Canada's federal government on September 3, establish a national framework for data center construction and operation. BUZZ HPC joins signatories including Google, Microsoft, Amazon Web Services, Meta, Anthropic, and OpenAI. The framework outlines five core principles: creating lasting local benefits including jobs and tax contributions; not shifting electricity costs onto Canadian households or businesses; minimizing freshwater use and environmental impact; transparency about local effects on power, water, noise, and emissions; and delivering strategic value through investment and digital resilience. Craig Tavares, President and COO of BUZZ HPC, stated the company views the principles as a foundation for building an industry critical to Canada's competitiveness, adding that Canada does not have to choose between building digital infrastructure and doing so responsibly. BUZZ HPC is notably the only signatory with roots in the cryptocurrency mining industry. The signing follows BUZZ HPC's announcement of a $350 million, five-year AI cloud services deal powered by NVIDIA GPUs at its facility in Merritt, British Columbia.
Source report
By: Neo Source: TheStreet Read Time: 2 min
BUZZ HPC, a sovereign AI cloud and high-performance computing (HPC) provider and a wholly owned subsidiary of HIVE Digital Technologies (Nasdaq: HIVE), signed Canada's Responsible Data Centre Development Principles on September 8, joining a list of signatories that includes Google, Microsoft, Amazon Web Services, Meta, Anthropic, and OpenAI.
The principles, published by Canada's federal government on September 3, establish a national framework for how data centers should be built and operated across the country.
Data centers are large facilities filled with servers that store, process, and move the digital information behind everything from banking and healthcare to artificial intelligence. As demand for AI infrastructure grows, so does the strain these facilities place on local electricity grids, water supplies, and communities.
Five Commitments, One Standard
The framework outlines five core principles:
- Local benefits: Data centers must create lasting local benefits, including jobs, training, and tax contributions.
- No cost shifting: They must not shift electricity costs onto Canadian households or existing businesses.
- Environmental responsibility: They must minimize freshwater use and environmental impact.
- Transparency: They must be transparent about local effects on power, water, noise, and emissions.
- Strategic value: They must deliver strategic value to Canada through investment, supply chain participation, and digital resilience.
Craig Tavares, President and COO of BUZZ HPC, said the company views the principles as a foundation for building an industry critical to Canada's competitiveness.
"Canada does not have to choose between building the digital infrastructure our economy needs and building it responsibly," Tavares said in the government's published signatory list.
The Only Crypto-Linked Name on the List
BUZZ HPC is notably the only signatory with roots in the cryptocurrency mining industry.
HIVE Digital Technologies, its parent company, operates Bitcoin mining and data center facilities across Canada, Sweden, and Paraguay.
The signing comes weeks after BUZZ HPC announced a $350 million, five-year AI cloud services deal powered by NVIDIA GPUs at its facility in Merritt, British Columbia.
Stock Performance (as of publication):
- HIVE: -3.55%
- GOOG: +0.61%
- MSFT: +0.16%
- AMZN: -0.20%
- META: -1.42%
This story was originally published by TheStreet on September 9, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
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