northerndata

Rumble (RUM) Shares Jump 21% on Northern Data Merger and Tether GPU Deal

Rumble (RUM) saw a 21% surge in pre-market trading after announcing an agreement to acquire Northern Data AG (NB2), marking a significant move into AI and high-performance computing (HPC). This merger combines Rumble’s platform capabilities with Northern Data’s infrastructure expertise, creating a powerful entity for advanced computing services in the blockchain and crypto ecosystem.

In addition, Tether (USDT) will purchase up to $150 million in GPU services from the merged company, highlighting the growing demand for high-performance computing in blockchain operations, stablecoin management, and AI applications.

The merger positions the combined company as a leading provider of scalable GPU solutions, strengthening its competitive edge and supporting the broader adoption of crypto, AI, and decentralized technologies. Analysts view the deal as a strategic consolidation that aligns infrastructure capabilities with market demand for secure, high-capacity computing.

This development not only boosts investor confidence but also underscores the increasing collaboration between crypto platforms and advanced computing providers.

#rumble #NorthernData #Tether #GPUComputing #RUM

#rumble , the YouTube alternative, wants to buy German AI company Northern Data. #Tether 's backing the deal and already owns most of #NorthernData anyway.

Key Takeaways

Rumble plans to buy Germany’s Northern Data in an $800 million share deal to strengthen its AI and cloud technology operations

Tether, which already controls Northern Data, is backing the acquisition and investing further to expand AI development

Alongside the deal, Tether will purchase $150 million in GPUs from Rumble to build a global, independent AI network for creators.

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$USDT

🚀 Rumble’s $1.17B AI Power Play – The Cloud Takeover That Could Change Everything! 💡
Big move brewing in AI infra: Rumble is eyeing a €1bn / $1.17B all-share bid for Germany’s Northern Data — a deal that would fold Taiga (GPU cloud) and Ardent (data centers) into Rumble and give Rumble access to a massive Nvidia fleet (20k+ H100s, 2k+ H200s).
Terms reported: 2.319 Rumble shares per Northern Data share (implying ~33% pro-forma ND ownership of Rumble) and the offer assumes Northern Data’s Peak Mining unit is sold first so proceeds reduce a Tether loan. Tether — ND’s biggest shareholder — reportedly backs the move and could become a major Rumble customer via GPU purchases.
Why it matters: this would instantly scale Rumble from video/cloud to large-scale AI infra — cheaper access to GPUs + global data centers could turbocharge AI hosting and inference services. But it’s early: ND’s board is reviewing the approach and terms may change; no formal offer finalized yet.
Takeaway: strategic upside for Rumble (AI cloud leap + steady demand from institutional GPU buyers) — balanced by execution risk (asset disposals, shareholder approvals, debt terms). Watch regulatory filings and official offers.

#Aİ #Rumble #NorthernData

The issuer company of the stablecoin $USDT — #Tether — signed an agreement to lease a significant part of the network with 20,000 graphics processes (#GPU ) in the field of artificial intelligence (#Aİ ) and cloud services. The capacities will be used for research in the field of AI, creating tools for content creators, and developing the QVAC platform ('Infinite Intelligence').

Tether emphasized that this step is not only a technological solution but also a 'statement about the vision of a free digital future.' At the center of the alliance is the unification of the video platform Rumble and the high-performance computing provider #NorthernData , which, according to the company, 'returns power to users, creators, and communities.' The goal of the partnership is to create infrastructure for an independent internet that is not subject to centralized technology giants.

#Ai_sector

Rumble Merges with Northern Data Following Peak Mining Divestment; Tether Secures GPU Services

Rumble has announced a merger agreement with Northern Data, marking a strategic move in the crypto and blockchain infrastructure space. This development follows Rumble’s divestment of its Bitcoin mining subsidiary, Peak Mining, signaling a shift in focus from mining operations to broader technology and service offerings.

As part of the arrangement, Tether (USDT) will purchase up to $150 million in GPU services from the newly merged entity. This agreement underscores the growing demand for high-performance computing resources in the crypto ecosystem, particularly for blockchain validation, stablecoin operations, and DeFi applications.

The merger positions the combined company to leverage Northern Data’s infrastructure expertise alongside Rumble’s platform capabilities, creating enhanced scalability, efficiency, and market reach. Analysts suggest that this consolidation could strengthen the company’s competitive edge in providing crypto-friendly cloud and GPU solutions, while also offering Tether a secure, high-capacity provider for its growing operational needs.

This strategic alignment highlights a broader trend of collaboration between blockchain platforms and infrastructure providers, ensuring that key players in the crypto ecosystem have access to reliable, high-performance resources as digital asset adoption accelerates.

#rumble #NorthernData #Tether #CryptoInfrastructure #blockchain

🤯 Rumble is no longer just a video platform!
It just announced the acquisition of the European AI infrastructure giant Northern Data and received support from Tether.


Acquiring one of the largest GPU assets in Europe, is this the beginning of Rumble's shortcut to 'AI cloud computing'?


What do you think of this Web3 + AI collaboration?


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#Rumble #Tether #NorthernData #Aİ #Web3