Northern Data publishes presentation for Aug. 25, 2026 annual general meeting
Reuters2026/08/25 13:09Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Northern Data outlined a shift to a pure AI and high-performance computing model following the disposal of its Peak Mining business.
- GPU utilization rose from under 5% in mid-2025 to about 83% in March 2026, with about 22,000 H100/H200 GPUs running.
- Guidance was raised to EUR 170 million-EUR 190 million revenue, with H1 revenue of EUR 80 million and adjusted EBITDA of EUR 47 million.
- Rumble completed a share exchange offer, taking about 85% ownership; delisting from m:access set for July 31, 2026.
- Shareholders will vote on board and supervisory board discharge, auditor appointments, and a supervisory board election.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Data AG published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.
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