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.
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 wants to sell Peak Mining to invest in AI expansion
Northern Data Group is looking to divest its cryptocurrency mining business Peak Mining. Proceeds from the possible divestment would be sunk into developing its artificial intelligence and high-performance computing (HPC) units.
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.
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.
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.
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
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 announces that it is exploring the divestment of its heritage crypto mining business, Peak Mining.
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Watchdog identifies fraud savings of £3.7m for Northern Ireland
The National Fraud Initiative is held every two years to detect fraud and error in spending from public bodies.