Prosecutors in Frankfurt said on Friday that German police had conducted a raid on Northern Data, a data center company. A spokesperson for the agency declined to comment on the targets or what investigators were searching for. He said prosecutors would release more details on Monday.
Northern Data initially provided computing resources for cryptocurrency miners, but has recently switched to providing artificial intelligence services as demand for artificial intelligence technology has increased. Northern Data's majority shareholder is Tether Holdings SA. Last month, Bloomberg reported that Rumble is considering acquiring Northern Data in an all-stock deal that values the target company at around $1.17 billion. (Bloomberg)
German police raided data center company Northern Data
2025-09-26 12:26:55
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