AI TRENDS | Keel and Hive Shares Rise Amid AI Expansion Plans

Shares of Keel Infrastructure and Hive Digital Technologies saw significant gains on Wednesday, with Keel rising approximately 9% and Hive over 7%. According to NS3.AI, both companies are advancing their artificial intelligence expansion strategies. Keel Infrastructure announced the completion of the sale of its Paso Pe mining site in Paraguay for $13 million. Meanwhile, Hive Digital Technologies successfully closed a $115 million private offering of convertible notes aimed at purchasing GPUs and developing data centers. These moves indicate a strategic shift away from Bitcoin mining, as Bitcoin's price hovered around $79,000.