12 months ago we had ~3MW of self-built AI Cloud capacity. Today: 480MW being delivered this year, $2.8bn in new contracts signed, and our 2026 ARR target raised to $4bn+ with ~85% already under contract.
Demand continues to exceed everything we can build. Recent contracts include customer prepayments covering ~45% of the associated GPU capex, with weighted average contract terms of ~4 years across the portfolio.
Data centers. Compute. Software. The three-layer thesis, executing as written:
https://t.co/VP7KeVpV3F
We're in a good spot. Proud of the team.
Oil built the last century.
Data was supposed to build this one.
It won't. Energy will. ⚡️
HIVE transforms it into money nobody controls and intelligence nobody can gatekeep, megawatt by megawatt, site by site.
A combination that doesn't exist anywhere else in Canada:
🔹 @Bell's national platform
🔹 @cohere's world-class enterprise AI solutions
🔹 @HypertecGroup's Canadian-built GPU servers
🔹 @BUZZHPC's AI factory and sovereign AI cloud
https://t.co/iDqF5ndzIg
Canada taught us how to build sustainable digital infrastructure. 🇨🇦
Sweden proved it could scale. 🇸🇪
Paraguay showed the world it could redefine AI. 🇵🇾
https://t.co/y90BXNJvSl
Columbia University researchers in New York ran live AI training on HIVE GPUs in Paraguay.
5,000 miles away.
The results turned heads.
https://t.co/2Q8mx1kcvq
Canada helped pioneer AI.
The infrastructure to scale it? Imported.
That changes now.
$220M. Bell. Cohere. @BUZZHPC.
Canadian compute. Canadian models. Canadian soil. 🇨🇦
At Choose France, President Macron's annual investment summit at Versailles, French national media turned to MARA and Exaion.
Hear from MARA CEO Fred Thiel (@fgthiel) and Exaion CEO Fatih Balyeli (@balyeli_fatih):
“It became clear that we weren’t just witnessing another technology cycle. We were witnessing the emergence of a new industrial demand class. For the first time in a very long time, demand growth wasn’t being constrained by capital. It was being constrained by physical infrastructure. That was the real “aha” moment for me.
Power wasn’t just part of the AI story, it was becoming the story.”
Read the full conversation with @PaulBPrager 👉