Rumble Acquires Northern Data in $767M Deal to Build 'Freedom-First' AI Infrastructure
8 Sources
[1]
Rumble to Acquire Northern Data as Tether Commits $150 Million to Power AI Push - Decrypt
The alternative media company -- which describes itself as "the freedom-first technology platform" -- said Monday that it would get access to the German company's GPUs and would work to expand its cloud business. Tether currently has a controlling stake in Northern Data. Separate reports valued
[2]
Rumble plans to acquire AI infrastructure company Northern Data to expand cloud operations - SiliconANGLE
Rumble plans to acquire AI infrastructure company Northern Data to expand cloud operations Rumble Inc., an open cloud provider and "censorship-free" alternative to YouTube, today announced plans to acquire Northern Data AG, an artificial intelligence and high-performance computing infrastructure
[3]
Truth Social host Rumble acquiring German AI firm Northern Data
Rumble wants to use the acquisition to continue building new verticals including AI chatbots, agents and web navigation solutions. The self-proclaimed "freedom-first" technology platform Rumble, which hosts US president Donald Trump's social media site Truth Social, is acquiring German AI and
[4]
Rumble Advances Bid To Acquire Northern Data To Boost Cloud Computing Capabilities - NVIDIA (NASDAQ:NVDA), Northern Data (OTC:NDTAF)
Rumble Inc. (NASDAQ:RUM) has finalized an acquisition deal with Germany's Northern Data AG (OTC:NDTAF) that will significantly enhance its cloud computing capabilities. Acquisition Of Northern Data, Tether Advertising Commitment According to the agreement, Rumble will exchange 2.0281 of its Class
[5]
Rumble stock soars after Northern Data deal proceeds at reduced price By Investing.com
Investing.com -- Rumble Inc. (NASDAQ:RUM) stock soared 23% after the company agreed to move forward with its acquisition of German data center operator Northern Data AG at a lower price point, following news of a tax investigation that had threatened the deal. The "Freedom-First technology
[6]
Rumble to acquire German AI firm Northern Data for about $767 million
(Reuters) -Video platform Rumble is set to acquire German artificial intelligence cloud company Northern Data in an all-stock transaction worth $766.86 million, the companies said on Monday. For each Northern Data share, its shareholders will receive 2.0281 newly-issued Rumble Class A shares.
[7]
Rumble says to acquire AI infrastructure company Northern Data
Rumble Inc. is a video sharing platform and cloud services provider. The Company comprises two segments: Rumble Services and Rumble Cloud. Rumble Services consists of three core businesses: Rumble Video, Rumble Studio, and Rumble Advertising Center (RAC). Rumble Video is enabled primarily through
[8]
Rumble to Acquire AI Infrastructure Company Northern Data
Rumble and Northern Data sign business combination agreement and agree on exchange offer Transaction will bolster Rumble Cloud's portfolio with the addition of approximately 22K Nvidia GPUs and globally distributed network of energized data center locations Transaction marks a transformational
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Video platform Rumble is acquiring German AI infrastructure company Northern Data for $767 million, gaining over 22,000 NVIDIA GPUs and global data centers. Tether commits $150 million in GPU services to support the expansion.
Rumble's Strategic Acquisition of Northern Data
Rumble Inc., the Canadian video-sharing platform that positions itself as a "freedom-first technology platform," has announced its acquisition of German AI infrastructure company Northern Data AG in a deal valued at approximately $767 million
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. The all-stock transaction will see Northern Data shareholders receive 2.0281 newly issued Class A Rumble shares for each Northern Data share they hold2
.
Source: Benzinga
The acquisition represents a significant expansion of Rumble's cloud infrastructure capabilities, providing the company with access to over 22,400 NVIDIA GPUs, including more than 20,400 H100s and 2,000 H200s
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. Upon completion, Northern Data shareholders will own approximately 30.4% of the merged company4
.Tether's Continued Investment and Commitment
The acquisition comes with strong backing from Tether Ltd., the stablecoin issuer that previously invested $775 million in Rumble earlier this year
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. As part of the current deal, Tether has committed to purchasing $150 million worth of GPU services from Rumble over a two-year period following the transaction's completion1
. Additionally, Tether has agreed to a $100 million advertising service agreement with Rumble, representing $50 million per year over two years beginning in Q1 20264
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Source: Decrypt
Tether currently holds a controlling stake in Northern Data and owns more than 38% of Rumble, making it a key player in orchestrating this strategic consolidation
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. The El Salvador-based company, known for minting USDT, the fourth-largest cryptocurrency by market cap, aims to "co-create tools that empower content creators worldwide" through this partnership1
.Global Infrastructure Expansion
The acquisition will provide Rumble with immediate access to Northern Data's globally distributed data center network, spanning locations across the United States, United Kingdom, Germany, Sweden, Norway, Portugal, and the Netherlands
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. The deal includes four fully owned data center locations, starting with Northern Data's facility in Maysville, Georgia, which can deliver up to 180 megawatts of capacity2
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Source: SiliconANGLE
This international footprint represents a significant step in Rumble's global expansion strategy, particularly providing the company with a stronger presence in Europe where Northern Data maintains major operations
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Vision for AI Ecosystem Development
Rumble Chairman and CEO Chris Pavlovski emphasized the company's broader vision beyond traditional video sharing, stating that "the addition of GPUs and data centers to our existing video and cloud portfolio would just be the start"
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. The company plans to expand into new verticals including financial services through Rumble Wallet, AI chatbots and agents, productivity suites with email and storage, and web navigation solutions3
.Pavlovski positioned the acquisition as part of building "the AI ecosystem for the future, from the ground up," emphasizing Rumble's "freedom-first" principles as representing "a future where technology empowers rather than controls"
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. Northern Data co-CEO John Hoffman echoed this sentiment, noting that "the AI revolution requires a complete redesign of compute architecture" with "a foundational commitment to individual control"2
.Market Response and Timeline
Rumble shares surged over 23% following the announcement, reflecting investor optimism about the strategic expansion
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. Northern Data's share value also jumped by more than 30% since the announcement3
.The transaction is expected to close in the second quarter of 2026, subject to regulatory approvals
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. The deal also includes a potential cash payment to Northern Data shareholders of up to $200 million, contingent upon the successful sale or commercialization of Northern Data's previously owned Corpus Christi location5
.References
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