Northern Data is considering selling its crypto mining unit, Peak Mining, to fund its AI initiatives. The company aims to invest in cutting-edge AI platforms and GPUs, positioning itself as a leader in AI innovation. Following this announcement, Northern Data's stocks surged by 12%. This strategic move reflects the broader trend in the AI industry, which is experiencing robust funding and significant growth. Despite the growth, challenges such as data quality and talent shortages persist, with Appen’s State of AI Report noting a 17% growth in generative AI.