#USDT #Aİ

🤔 Tether's management and #Rumble plans to completely acquire Northern Data! - Reuters

Valuation: $1,170,000,000.

Method of acquisition: exchange of Rumble shares for all shares of Northern Data.

Currently, Tether holds ~54% of Northern Data shares (controlling stake) + shares of Rumble (about 31%, valued at $775m).

Key assets of Northern Data:

• Taiga Cloud — the largest cloud GPU cluster in Europe for AI tasks.

• 20,480 NVIDIA H100 and over 2,000 NVIDIA H200 – top graphics processors for AI training.

• Ardent Data Centers — a network of data centers with a capacity of up to 850 MW, including a facility with 180 MW in Georgia (USA).