Northern Data, Peak Mining
Tether-Owned Northern Data Considering Sale of Bitcoin Mining Firm Peak
Northern Data Group has plans to acquire data centers and AI-centric GPUs with funds raised from the potential sale of its Bitcoin mining business.
Northern Data wants to sell Peak Mining to invest in AI expansion
Northern Data plans to divest Peak Mining, with proceeds funding AI and high-performance computing expansion before a potential Nasdaq listing in 2025.
Tether-Backed Northern Data Plans Sale of Crypto Mining Unit
Northern Data AG is examining a possible sale of its crypto mining business to free up funds for expanding its artificial-intelligence operations.
Northern Data Mulls considering winding down Bitcoin mining operation to focus on AI
Northern Data has announced that it is exploring the divestment of its heritage crypto mining business, Peak Mining. The provider of AI and high-performance computing (HPC) solutions aims to strengthen its position as a pure-play AI solutions business.
Northern Data Eyes Sale of Crypto Mining Division to Boost AI Development
Renowned crypto and artificial intelligence (AI) firm Northern Data is considering selling its crypto business, the Peak Mining unit, to strengthen its focus on AI solutions.
German’s Northern Data Group to Wind Down Its Crypto Mining Business to Focus on AI
Northern Data Group is planning to wind down its crypto mining business Peak Mining to focus on the AI sector.
News Explorer — Northern Data Exploring Sale of Bitcoin Mining Firm Peak
Northern Data Group is contemplating selling its Bitcoin mining business, Peak Mining, to focus on enhancing its AI services. The company aims to strengthen its generative AI cloud platform and data center portfolio for a more concentrated AI solutions business.
EQS-Adhoc: Northern Data AG examines possible divestment of its cryptomining business Peak Mining
Frankfurt am Main, 21 October 2024 – The Management Board of Northern Data AG (ISIN: DE000A0SMU87, the “Company”) resolved today to begin negotiations with interested parties regarding a possible divestment of its cryptomining business Peak Mining.
Northern Data Group Accelerates Focus on AI Solutions Business and Explores Potential Transaction of Mining Business
The potential divestment of Peak Mining will solidify Northern Data as a pure-play AI Solutions business, which includes Europe's largest Generative AI Cloud platform, and a portfolio of innovative, purpose-built Data Centers.
EQS-News: Northern Data Group accelerates focus on AI Solutions business and explores potential transaction of Mining business
Frankfurt/Main – 21 October 2024 – Northern Data AG (ETR: NB2) (“Northern Data Group”, “Northern Data” or “the Group”), a leading provider of AI and High-Performance Computing (HPC) solutions, today ...
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Almost £4m of fraud prevented or identified in Northern Ireland over two-year period in data-matching exercise
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