Rumble to Acquire AI Infrastructure Company Northern Data

Rumble signed a business combination agreement with Northern Data AG and plans to launch a voluntary public exchange offer to all Northern Data shareholders. The deal would add approximately 22,000 NVIDIA GPUs (including H100/H200) and a globally distributed network of energized data center sites to Rumble Cloud, giving the platform immediate scale in AI/HPC infrastructure. Northern Data shareholders would receive newly issued Rumble shares based on a stated exchange ratio, with the combined structure anticipated to grant them a significant pro forma stake; a potential aggregate cash consideration of up to $200 million is contingent on milestone events. Tether has committed to be an anchor customer at closing. The parties expect acceptance and closing to occur in 2026, subject to regulatory and other customary conditions; Northern Data would delist following completion.