Northern Data Group - Completion of major milestone
Northern Data Group has received regulatory approval for its acquisition of Damoon, delivering on a key milestone. As part of the transaction, Northern Data has received more than 10,000 NVIDIA H100 Server Module Tensor Core graphic processing units (GPUs) bringing its total inventory to over 18,000 H100 GPUs and cementing its position as Europe’s largest artificial intelligence (AI) hardware cluster. This expansion bolsters the generative AI capabilities of its Taiga Cloud division, which aims to democratise access to AI compute power, driving innovation among startups, researchers and medium-sized enterprises. Amidst Europe's increasingly stringent environmental and data protection regulations, Northern Data looks well placed to capture market share.Northern Data AG is a Germany-based company engaged in the information technology (IT) industry. The Company develops and builds infrastructure solutions in the area of High-Performance Computing (HPC). The Company offers its solutions in such areas as machine learning and artificial intelligence (AI), big data analytics, blockchain, game streaming, video rendering and others. The Company offers its HPC solutions both stationary in large centers and in mobile, high-technology data centers based on containers, which can be set up at any location worldwide. The Company combines self-developed software and hardware with intelligent concepts for a sustainable energy supply. The Company serves customers worldwide.
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