•Northern Data has been attacked anonymously with defamatory and outright false or deliberately misleading allegations through social media
•The company categorically rejects all allegations and reconfirms its guidance
•Base case 180 MW with upsize option to 300 MW
•”Strategic market positioning and strong leadership of Northern Data”
•Strong demand for Northern Data’s HPC-Solutions
•SBI Crypto positioned as strategic shareholder
•”A lot of synergies available between SBI Group and Northern Data”
•Additional Facilities in Canada and Scandinavia
• Initial commissioning successfully completed / Innovative cooling and proprietary AI systems are online and running well
• Area of 40 hectares / utilization of one gigawatt is now expected by the end of 2020
• Expansion to 3.6 gigawatts planned by 2023
• Key step forward for existing strategy of expansion into Canada
• Continuing to accelerate North America growth and expansion
• Decisive and additive know-how for data centers construction
• First US-based customer for new Texas HPC-site
• Customer will invest 30 million USD for CAPEX in the first phase
• Innoplexus and Northern Data form strategic partnership to accelerate Artificial Intelligence-based drug development
• Large-scale High-Performance Computing (HPC) to perform epidemiological and other in-silico calculations and simulations
• Artificial Intelligence (AI) based drug discovery one of the fastest-growing applications for Northern Data’s HPC solutions
• Innoplexus will invite its existing big Pharma, Biotech and CRO clients to join the partnership
• Use of High-Performance Computing accelerates identifying new therapeutic substances
• Transformation in global work habits are pushing existing data infrastructure to its limits
• Northern Data Preparing to expand the Texas site from 1 to 3.6 gigawatts
• Development of new locations in Canada and Scandinavia
• Forecast 2020 released post successful merger with Whinstone and signing of several global customer contracts
• Expected revenues of EUR 120 – 140 million
• Expected EBITDA of EUR 45 – 60 million
Canaan is one of the leading blockchain technology companies in the world Focus on AI development, Blockchain Technology and Datacenter operations Series of additional strategic