Rumble Acquires Northern Data in $1.17 Billion Merger

Rumble Inc., a U.S.-based video platform and cloud provider, has announced the acquisition of German AI infrastructure firm Northern Data AG for $1.17 billion. This deal is being backed by Tether’s two-year $150 million GPU leasing commitment, significantly enhancing Rumble’s capabilities in the AI and crypto sectors. Following the merger, Tether will become the largest shareholder of Northern Data and will serve as a key customer for Rumble’s expanded cloud infrastructure, with a multi-year GPU purchase agreement.