AI Cloud Firm Northern Data Raided by German Investigators

Bloomberg TechnologyFriday, September 26, 2025 at 11:55:40 AM
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AI Cloud Firm Northern Data Raided by German Investigators
German investigators have raided Northern Data AG, a technology firm listed in Frankfurt and backed by Tether Holdings Ltd. This action raises concerns about the company's shift from crypto mining to artificial intelligence computing, highlighting the scrutiny faced by firms in the evolving tech landscape. The investigation could impact investor confidence and the firm's future direction.
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