November 2, 2023 German data center operator Northern Data Group has secured an up to €575 million ($610 million) debt financing facility from Tether to expand its Bitcoin mining, AI and data center operations.The loan agreement follows Tether’s strategic investment in Northern Data to support the company’s blockchain and AI services in September 21, 2023.Northern Data Group provides not only blockchain but AI computing services. Through the partnership, Tether and Northern Data Group will collaborate on AI, communication and data storage initiatives.

Northern Data Group

Northern Data Group is a specialist B2B Technology Company that provides High Performance Computing (HPC) Solutions.

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