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Northern Data shares slide after Frankfurt prosecutors conduct raids
German prosecutors confirmed raids at Northern Data AG, the Frankfurt-listed AI computing firm backed by Tether Holdings, sending its shares lower as investors await details on the investigation.
By João Marques Lima
Founder and Editor, The Tech Capital
3 Mins
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German prosecutors have conducted raids involving Northern Data AG (ETR: NB2), the Frankfurt-listed technology firm that has shifted its focus from cryptocurrency mining to artificial intelligence (AI) computing.
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