Rumble Acquires Northern Data; Tether Investment Fuels Expansion

Video sharing platform Rumble announced a strategic partnership with AI infrastructure company Northern Data, following its significant investment from stablecoin issuer Tether. The acquisition, valued at approximately $767 million, marks the latest move in Rumble’s ambitious expansion strategy. Rumble previously partnered with Tether to purchase Northern Data earlier this year and has secured additional investment through a stock deal between the two entities. 150 million USD GPU service purchase agreement, a 100 million USD advertising deal, all are part of this joint venture.