News with the tag "Northern Data"

The rise of Artificial Intelligence (AI) and high-performance computing (HPC) is creating new opportunities for companies like Northern Data (NB2). These industries need powerful computers, and Northern Data is ready to meet this growing demand. This shift in technology focus has not gone unnoticed ...

Infrastructure providers, such as Northern Data (NB2), are well positioned to benefit from the growing demand from artificial intelligence (AI) and high-performance computing (HPC) firms, broker Canaccord Genuity said in a report Thursday initiating coverage of the stock. Canaccord assumed coverage ...

Bitcoin mining firm Northern Data has considered selling off its Peak Mining, its core miner outfit to rebalance portfolio The post Northern Data Mulls Selling its Bitcoin Mining Unit, Peak Mining appeared first on TheCoinrise.com .

The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year.

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. The firm now plans to capitalize on the growing...

Northern Data Explores Sale of Bitcoin Mining Unit to Focus on AI In a strategic pivot towards artificial intelligence (AI), Northern Data, one of Europe’s largest cryptocurrency mining companies, is contemplating the sale of its Bitcoin mining subsidiary, Peak Mining. According to Wu Blockchain on ...

Stablecoin issuer, Tether, has disclosed its plans to ramp up its employee count. In a recent interview with Bloomberg, Tether CEO, Paolo Ardoino, announced his vision of reaching 200 employees. The company plans to increase the staff count in its compliance department over the next year. Ardoino st...

Along with the sharp recovery in the Bitcoin price over the past three weeks, stocks of the Bitcoin mining firms have also joined the recovery process. Stocks of the public-listed crypto mining firms took a major hit following the Bitcoin halving event in April. However, over the past few months, th...

European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion.

Northern Data has filed a motion to dismiss a lawsuit from former employees, arguing that the court lacks jurisdiction and the claims lack sufficient detail. American branches of the European Bitcoin mining company Northern Data have filed a motion to…