Wu said that according to Bloomberg, crypto mining company Northern Data is discussing with potential advisers a joint project of its artificial intelligence cloud computing and data center businesses for an initial public offering (IPO) in the United States, which could be valued at up to $16 billion. According to current plans, Northern Data will list an entity consisting of its cloud computing business (named Taiga) and data center (named Ardent) on Nasdaq as early as the first half of next year.
