ISIN:DE000A0SMU87

EQS-News: Taiga Cloud, a Northern Data Group company, announce an additional EUR 330 million investment to power Europe’s largest Generative AI Cloud

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Donnerstag, Dezember 14, 2023
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Taiga Cloud, a Northern Data Group company, announce an additional EUR 330 million investment to power Europe’s largest Generative AI Cloud

Key Points: 
  • Taiga Cloud, a Northern Data Group company, announce an additional EUR 330 million investment to power Europe’s largest Generative AI Cloud
    The issuer is solely responsible for the content of this announcement.
  • Taiga Cloud’s entire Generative AI Cloud is 100% carbon-neutral, powered and cooled with Power Usage Effectiveness ratios (PUEs) of less than 1.2.
  • The expansion of the relationship with HPE marks a major milestone for Taiga Cloud in becoming Europe’s leading Generative AI Cloud Service Provider.
  • Together, our collaboration will fuel AI innovation by making HPE Cray XD supercomputers accessible through Taiga Cloud’s AI cloud service that runs on 100% renewable energy.”

EQS-News: Peak Mining Operations Update

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Sonntag, Dezember 10, 2023
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EQS-News: Northern Data Group Secures EUR 575 Million Debt Financing Facility

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Dienstag, November 7, 2023
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Frankfurt/Main – 2 November 2023 – Northern Data Group (Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ), a leading provider of specialized High-Performance Compute (HPC) infrastructure, today announced it has secured a EUR 575 million debt financing facility.

Key Points: 
  • Frankfurt/Main – 2 November 2023 – Northern Data Group (Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ), a leading provider of specialized High-Performance Compute (HPC) infrastructure, today announced it has secured a EUR 575 million debt financing facility.
  • The facility will primarily strengthen Northern Data Group’s ability to invest in the most sophisticated hardware available, which is needed to unlock access to Generative AI technology in Europe.
  • Aroosh Thillainathan, Northern Data Group’s Chief Executive Officer, comments: “As the demand for technological innovation and acceleration shows no signs of slowing down, this debt facility will allow Northern Data Group to continue capitalizing on the market opportunities within each sector of our three subsidiaries, Taiga Cloud, Ardent Data Centers, and Peak Mining.
  • Northern Data Group is a trailblazer in this domain and has already demonstrated impressive execution of its ambitious growth strategy.

EQS-News: Northern Data Group: Operations Update Peak Mining

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Donnerstag, Oktober 26, 2023
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Frankfurt/Main – 20 October 2023 – Northern Data Group (Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ), today provided an update on its mining business activities for the month of September.

Key Points: 
  • Frankfurt/Main – 20 October 2023 – Northern Data Group (Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ), today provided an update on its mining business activities for the month of September.
  • Peak Mining, part of Northern Data Group, produced a total of 174 Bitcoin in September 2023, generating revenues of EUR 4.3 million, roughly 2% more than the corresponding figure for the previous month.
  • Furthermore, Peak Mining has the option to purchase an additional USD 150 million of hardware.
  • Peak Mining is one of the first to adopt the newest liquid-cooling mining technology at this scale, to be deployed across various locations globally.

EQS-News: Northern Data AG: Taiga Cloud Announces Strategic European Partnership with GIGABYTE

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Dienstag, Oktober 17, 2023
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GIGABYTE will supply Taiga Cloud with 20 NVIDIA H100 GPU pods, worth EUR 400 million, with customer access beginning late Q4 2023

Key Points: 
  • GIGABYTE will supply Taiga Cloud with 20 NVIDIA H100 GPU pods, worth EUR 400 million, with customer access beginning late Q4 2023
    Frankfurt/Main – 9 October 2023 – Taiga Cloud, Europe’s first and largest Generative AI Cloud Service Provider and part of Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), has entered into a strategic European partnership with GIGABYTE, an industry innovator and leader in the enterprise computing market.
  • The partnership positions Taiga Cloud to meet the surging demand for compute power for Generative AI applications.
  • This partnership is the evolution of more than two years of collaboration between the companies, which began with GIGABYTE supplying NVIDIA A100s to Taiga Cloud which are hosted in Northern Data Group’s pioneering data center in Boden, Sweden.
  • Karl Havard, Managing Director, Taiga Cloud commented: “We’re excited to take this strategic next step in our long-standing partnership with GIGABYTE, which will help Taiga Cloud on its journey to make computing power accessible to organizations across Europe.

Taiga Cloud, a Northern Data Group company, certified as an Elite Cloud Service Provider in NVIDIA's Partner Network

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Montag, September 25, 2023
Cloud, Graphics processing unit, Deep learning super sampling, H100, Partnership, Elite, Microsoft Partner Network, Synthetic media, Certification, Organization, NPN, Cloud computing, Ticker, A100, Generative, Ecosystem, CSP, GPU, Video game, Taiga, NVIDIA

FRANKFURT, Germany , Sept. 25, 2023 /PRNewswire/ -- Taiga Cloud, Europe's largest Generative AI Cloud Service Provider, part of Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), today announces its certification as an Elite Partner of NVIDIA and official Cloud Service Provider (CSP) in NVIDIA's Partner Network (NPN).

Key Points: 
  • FRANKFURT, Germany , Sept. 25, 2023 /PRNewswire/ -- Taiga Cloud, Europe's largest Generative AI Cloud Service Provider, part of Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), today announces its certification as an Elite Partner of NVIDIA and official Cloud Service Provider (CSP) in NVIDIA's Partner Network (NPN).
  • With currently just 15 Elite CSP's globally, Taiga Cloud is the largest European CSP with Elite Partner certification, affirming its position as the regions' leading Generative AI Cloud Service Provider.
  • The NVIDIA Partner Network (NPN) recognises organisations that will help NVIDIA to inspire the next generation.
  • We look forward to working with Taiga Cloud as it builds on its extensive generative AI Cloud offering."