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HIVE, Keel push deeper into AI data centers with capital raise, asset sale

HIVE, Keel push deeper into AI data centers with capital raise, asset sale

HIVE has raised $115 million to expand its AI-focused data centers, while Keel is exiting Latin America and reallocating funds into high-performance computing and AI. Both companies' stocks increased by 4% following the announcement. The capital raise aims to strengthen HIVE’s infrastructure, reflecting growing investment in AI and Web3 data centers as the sector gains momentum.

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