Rumble Acquires Northern Data for $767 Million in Stock Deal, Bolstered by Tether

Video platform Rumble has executed a transformative deal with AI infrastructure company Northern Data AG, significantly expanding its cloud capabilities and positioning itself as a key player in the decentralized cloud computing market. The all-stock acquisition, valued at approximately $767 million, adds roughly 22,400 Nvidia GPUs to Rumble’s infrastructure and strengthens its international reach. Tether, a major stablecoin issuer, has significantly deepened its involvement by committing to GPU services worth up to $150 million and advertising spend of $100 million over two years.