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BUZZ HPC - President & COO Craig Tavares Q&A - Hive Digital Technologies HPC & AI Special!

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Manage episode 498546852 series 3570269
Content provided by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Craig Tavares, President and COO of Buzz HPC, shares how the Hive Digital subsidiary is pioneering sovereign AI cloud services powered by 100% renewable energy in strategic locations across Canada and Sweden. Leveraging their vertically integrated approach from owned power assets to GPU clusters, BuzzHPC delivers high-performance computing at a quarter of the cost of major cloud providers.
• Started career in telecom building infrastructure for ISPs and data centers in Canada
• Acquired and built approximately 20 data centers between 2010-2020
• Joined BuzzHPC earlier this year after meeting Frank Holmes
• Built on foundation of Hive's renewable energy assets and legacy of GPU operations
• Operates enterprise-grade Tier 3 data centers with complete redundancy for power and network
• Invests $8-11 million per megawatt compared to $350-400K for crypto mining facilities
• Recently acquired 7.2 megawatt data center in Toronto capable of hosting 2,000+ GPUs
• Targets data sovereignty needs for governments and enterprises
• Operates diverse GPU fleet including Ampere, Hopper, with Blackwell coming in Q4
• Monetizes through hourly rentals, long-term contracts, and value-added services
• Currently at $20M annualized run rate with target of $100M by 2026
• Most recent GPU cluster sold out within three weeks of deployment
• Focuses on sustainability with closed-loop liquid cooling and zero water wastage
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter

  continue reading

Chapters

1. Introduction to BuzzHPC and Craig Tavares (00:00:00)

2. Craig's Professional Background (00:07:13)

3. BuzzHPC's Data Center Locations (00:16:12)

4. Data Center Infrastructure and Reliability (00:25:49)

5. Sovereign AI Strategy and Benefits (00:35:23)

6. GPU Clusters and Toronto Data Center (00:44:28)

7. AI Business Models: Training vs Inference (00:52:43)

364 episodes

Artwork
iconShare
 
Manage episode 498546852 series 3570269
Content provided by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Craig Tavares, President and COO of Buzz HPC, shares how the Hive Digital subsidiary is pioneering sovereign AI cloud services powered by 100% renewable energy in strategic locations across Canada and Sweden. Leveraging their vertically integrated approach from owned power assets to GPU clusters, BuzzHPC delivers high-performance computing at a quarter of the cost of major cloud providers.
• Started career in telecom building infrastructure for ISPs and data centers in Canada
• Acquired and built approximately 20 data centers between 2010-2020
• Joined BuzzHPC earlier this year after meeting Frank Holmes
• Built on foundation of Hive's renewable energy assets and legacy of GPU operations
• Operates enterprise-grade Tier 3 data centers with complete redundancy for power and network
• Invests $8-11 million per megawatt compared to $350-400K for crypto mining facilities
• Recently acquired 7.2 megawatt data center in Toronto capable of hosting 2,000+ GPUs
• Targets data sovereignty needs for governments and enterprises
• Operates diverse GPU fleet including Ampere, Hopper, with Blackwell coming in Q4
• Monetizes through hourly rentals, long-term contracts, and value-added services
• Currently at $20M annualized run rate with target of $100M by 2026
• Most recent GPU cluster sold out within three weeks of deployment
• Focuses on sustainability with closed-loop liquid cooling and zero water wastage
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter

  continue reading

Chapters

1. Introduction to BuzzHPC and Craig Tavares (00:00:00)

2. Craig's Professional Background (00:07:13)

3. BuzzHPC's Data Center Locations (00:16:12)

4. Data Center Infrastructure and Reliability (00:25:49)

5. Sovereign AI Strategy and Benefits (00:35:23)

6. GPU Clusters and Toronto Data Center (00:44:28)

7. AI Business Models: Training vs Inference (00:52:43)

364 episodes

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