08:20:32 EDT Mon 28 Sep 2020
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Hydro66 Holdings Corp
Symbol SIX
Shares Issued 130,649,950
Close 2020-03-03 C$ 0.14
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Hydro66 receives new AI cloud-computing customer

2020-03-04 16:47 ET - News Release

Mr. Paul Morrison reports


Hydro66 Holdings Corp. has received a new artificial intelligence cloud-computing customer, offering services from its award-winning Boden data centre. Puzl, an Estonia-based AI company, brings a new technical and economic proposition to the AI community -- container-as-a-service cloud computing at a market-beating price.

Nik Paushkin, founder and chief executive officer of Puzl, said: "It's increasingly obvious that all industries must take advantage of AI and ML (machine learning) or fall behind more nimble competitors. However, there are significant barriers for all except the most expert developers to do so. Puzl are democratizing and simplifying the user experience with GPU as code, bringing a new price point and container-based functionality to the general developer community."

Estonia is rapidly emerging as the AI centre of Europe with strategic government support and financing for numerous public- and private-sector initiatives. These include prediction modelling for road traffic, job seekers, health care needs and many more.

David Rowe, Hydro66 CEO, said: "Our enterprise-grade facility in the north of Sweden is an ideal location for high-performance computing activities with our combination of industry-leading ultralow carbon emissions and attractive pricing models. Puzl are a highly innovative AI infrastructure company that we believe are set to grow rapidly with their containerized software-driven platform and an ideal fit for our hugely scalable facility in Boden."

About Hydro66 Holdings Corp.

Hydro66 owns and operates an award-winning co-location data centre in Sweden specializing in high-performance computing hosting.

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