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In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
DE000A0SMU87
Mon, 15.01.2024
Northern Data AG
PRESS RELEASE
Northern Data Group appoints Group Chief Financial Officer
Elliot Jordan will join the Group’s Executive Committee, bringing extensive finance and capital markets experience
The Group is poised to execute and deliver on its next stage of growth
Frankfurt/Main – 15 January 2024 – Northern Data Group (Ticker symbol German stock mark [ … ]
Mon, 08.01.2024
Northern Data AG
PRESS RELEASE / IR NEWS
Northern Data Group announces closing of Damoon acquisition
Major progress in the execution of Northern Data Group‘s vision to become the world’s leading High-Performance Computing (HPC) Infrastructure Solutions Provider
Northern Data Group now owns 100% of Damoon
Aroosh Thillainathan, Founder and CEO, has announced tha [ … ]
Fri, 22.12.2023
Northern Data AG
Northern Data Group appoints Group Chief Legal Officer
Rudolf Haas will join the Group’s Executive Committee with over two decades of experience at international law firms
The Group is strengthening its Executive Committee with an experienced hire to support the Group’s ambitions and the requirements of changing financial and regulatory environ [ … ]
Tue, 19.12.2023
Edison Investment Research Limited
London, UK, 19 December 2023
Edison issues initiation of coverage on Northern Data Group (NB2): Driving AI and data centre technology
Northern Data Group is a specialist provider of high-performance computing (HPC) infrastructure solutions. By leveraging a successful cryptocurrency mining heritage to fund global growth, the group has been [ … ]
Mon, 11.12.2023
Northern Data AG
Peak Mining, a Northern Data Group company, announces purchase of 300MW mining data center site
33-acre site with private substation and access to ERCOT Load Zone South low-cost real-time energy market
Recently purchased MicroBT liquid-cooling hardware will be deployed at the site
Frankfurt/Main – 11 December 2023 – Today Peak Mining, a Northern [ … ]
Mon, 04.12.2023
Northern Data AG
PRESS RELEASE / IR NEWSArdent Data Centers, a Northern Data Group company, progresses international data center acquisition strategy
EUR 110 million investment strategy to accelerate Ardent’s ability to provide co-location services across Europe and the United States
Expansion focussed on meeting demand for high-performance computing solutions [ … ]
Wed, 29.11.2023
Northern Data AG
PRESS RELEASE / IR NEWS
Taiga Cloud, a Northern Data Group company, announce an additional EUR 330 million investment to power Europe’s largest Generative AI Cloud
Hewlett Packard Enterprise (HPE) will supply Taiga Cloud with HPE Cray XD supercomputers equipped with NVIDIA H100 GPU Tensor Core GPUs, worth EUR 330 million
Taiga Cloud will run th [ … ]
Mon, 20.11.2023
Northern Data AG
PRESS RELEASE / IR NEWSPeak Mining Operations Update
178 BTC generated in October (+2% month-on-month)
Generating revenues of EUR 5.0 million (+16% month-on-month)
Year-to-date BTC revenue of EUR 48.7 million
Performance Indicators
October ’23
September ’23
YTD 2023
BTC generated
178
(YoY: -21% / MoM: +2%)
174
(YoY: [ … ]
Wed, 15.11.2023
Northern Data AG
PRESS RELEASE / IR NEWSPeak Mining starts construction of next-gen 30MW mining facility in Grand Forks, North Dakota
Expected to be fully operational in Q1 2024, the facility will be developed with direct-to-chip liquid-cooling technology
Hash rate will expand to 1.1 EH/s with new M53-series miners from MicroBT
The cooling system has been desi [ … ]
Thu, 02.11.2023
Northern Data AG
PRESS RELEASE / IR NEWS
Northern Data Group Secures EUR 575 Million Debt Financing Facility
Debt Financing Facility of EUR 575 million to drive further investments across its business lines
Focus will be on expanding its Generative AI Cloud Service Provider offering to meet huge demand for Compute Power
Northern Data Group is moving quickly to [ … ]