Northern Data's AI unit weighs up to $16 billion US IPO, Bloomberg News reports-January 2024-www.financetom.com

Northern Data's AI unit weighs up to $16 billion US IPO, Bloomberg News reports

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Northern Data's AI unit weighs up to $16 billion US IPO, Bloomberg News reports

Jul 1, 2024 2:23 PM

July 1 (Reuters) - Germany-based Northern Data AG's ( NDTAF )

artificial intelligence, cloud computing and data

center units are exploring a U.S. initial public offering that

could fetch a valuation of up to $16 billion, Bloomberg News

reported on Monday, citing people familiar with the matter.

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