HIVE's BUZZ president shares winning strategy for AI supercycle [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
BUZZ HPC, the high-performance computing arm of HIVE Digital Technologies, is proving that a cautious financial approach can actually lead to faster scaling. Craig Tavares, the President and COO of BUZZ HPC, believes the current market landscape requires a very specific type of management. “Really the AI supercycle doesn't reward the loudest CapEx announcements,” Tavares noted “It rewards operators who scan revenue before scaling risk.” This philosophy of infrastructure discipline is designed to help the company navigate a market that is often clouded by uncertainty. Related: HIVE chairman bets on market math to drive record results From one million to ten million The financial progress of the platform tells a story of rapid, measured expansion. According to Tavares, the company has seen a significant jump in its baseline earnings over the last twelve months. “So we are roughly around 1 million a month in ARR revenue a year ago, now we are over 3 million today with a cle
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