Oct 21 (Reuters) - Germany's Northern Data ( NDTAF ) said

on Tuesday that it had withdrawn its annual forecast, as the AI

cloud company was evaluating potential strategic transactions

and graphics processing unit's market pricing dynamics.

Northern Data ( NDTAF ) said in a statement that the forecast

withdrawal is partially offset by improved utilization of its

GPU capacity driven by customer traction after the

second-quarter technology upgrade.

The company said that its Taiga cloud business initiated an

upgrade of its infrastructure in March to enable access to its

GPU estate, which led to improving the company's ability to

serve existing customers and added a new and diversified

customer base.

Currently, more than 15,000 GPUs of Northern Data's ( NDTAF ) 22,000

H100 and H200 GPU estate have been allocated to customers,

Northern Data ( NDTAF ) added.

Video platform Rumble, which hosts U.S. President

Donald Trump's Truth Social, in August made an offer to acquire

Northern Data ( NDTAF ), giving Rumble control of the German company's

Taiga business and its large-scale data center arm, Ardent.

Reuters calculated the potential total deal value at

approximately $1.17 billion.