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CoinOtag 2024-07-03 03:27:45

Northern Data Considers $16 Billion US IPO Amid AI and Data Center Expansion

Northern Data AG, a German high-performance computing infrastructure firm, is assessing the possibility of a U.S. IPO for its AI cloud computing and data center units. According to Bloomberg News, the prospective IPO could value the combined entity at up to $16 billion. This strategic move comes amid an uptick in investor interest in AI

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