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HIVE Reports $84.9M Revenue as AI GPU Business Grows 71% Amid Mining Pressures

By NewsBTC Editorial Team

HIVE Digital reported $84.9 million in fiscal second-quarter revenue and roughly 71% growth in its AI-focused BUZZ GPU business. The company also…

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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Revenue

The total money a company earns from selling goods or services before any costs are subtracted.

Revenue growth shows demand for a company's products; profit shows whether it earns money from them.

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