Rumble объединяется с Northern Data для создания мощной AI-инфраструктуры с поддержкой Tether Rumble Merges with Northern Data to Build a Robust AI Infrastructure Backed by Tether

Canadian video hosting platform and cloud storage provider Rumble has entered into a business merger agreement with the German AI infrastructure company Northern Data.

According to the press release, this deal will enhance the capabilities of the Rumble Cloud platform through a network of data centers with a planned capacity of 180 MW and approximately 22,400 Nvidia H100 and H200 graphics processors.

The acquisition will be executed through a stock exchange. Existing investors in Northern Data will receive around a 30% stake in the merged entity. Based on the closing stock price of Rumble on Friday, the transaction is valued at approximately $767 million.

The technology firm will also allocate $200 million for potential incentive payments to shareholders who meet specific performance targets at Northern Data’s flagship data center in Corpus Christi, Texas.

Tether holds a stake in the German company. As part of a strategic partnership, the stablecoin issuer has also invested $775 million in Rumble.

The USDT issuer committed to purchasing AI computing services worth $150 million from the merged company over a three-year period following the acquisition. Additionally, Tether provided Rumble with advertising commitments totaling $200 million for the next two years.

“Northern Data. Tether. Rumble. This is how we are building the AI ecosystem of the future from the ground up,” said Rumble CEO Chris Pavlowski.

On November 5, Northern Data announced the sale of its Bitcoin mining division, Peak Mining, to an undisclosed buyer. The upfront payment will be $50 million, with additional payments potentially reaching $150 million based on the profit share from the Corpus Christi data center after the deal with Rumble. Of the available 600 MW of network capacity at the facility, 100 MW is being allocated for cryptocurrency mining.

Recall that Northern Data announced in October 2024 its search for a buyer for Peak Mining in order to focus on AI services.