According to WuSay, crypto mining company Northern Data is in talks with potential advisers about joint projects for its AI cloud computing and data center businesses, planning an initial public offering (IPO) in the United States that could value the company at up to $16 billion. According to current plans, Northern Data will list an entity consisting of its cloud computing business (called Taiga) and data center (called Ardent) on Nasdaq as early as the first half of 2025.