Northern Data, Peak Mining
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.
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 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.
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.
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.
EQS-Adhoc: Northern Data AG examines possible divestment of its cryptomining business Peak Mining
No 596/2014 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.
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Bitcoin Miners Face Tough Decisions: AI or HODLing BTC Amid Halving Fallout
According to a report by Bloomberg, after Bitcoin’s halving, miners are split between holding BTC and diving into AI to ...
Meet The Rio Tinto Backed Startups Set To Decarbonize And Transform Mining
This move aligns with Rio Tinto's focus on the green economy, as lithium is a crucial component in electric car batteries.
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Surging Demand for Electricity Driven by AI and Bitcoin Mining
AI, Bitcoin mining, and data centers are rapidly increasing electricity demand. Renewable energy sources alone can’t meet the ...
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Why artificial intelligence and clean energy need each other
A geopolitical battle is raging over the future of AI. The key to winning it is a clean-energy revolution. We are in the ...
From buzzword to bottom line: 3 ways advertisers can get more out of their AI investment
AI and automation tools are key to mining today’s rich seam of news publishing advertising opportunities. But – newsflash – ...
Copyright and AI training: "An almost paradoxical situation indeed"
Is it legal for AI companies to use content from creatives for training without payment? Professors Tim Dornis and Sebastian ...