Sources: Northern Data is weighing a US IPO of its combined AI cloud computing and data center businesses at a valuation of up to $16B as early as in H1 2025 (Bloomberg)



Bloomberg:

Sources: Northern Data is weighing a US IPO of its combined AI cloud computing and data center businesses at a valuation of up to $16B as early as in H1 2025  —  – Combined cloud, data center business could list on Nasdaq  — Company secured financing from Tether Group to buy chips



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