Mentioned:
RUM +1.05% NVDA -2.30%
Rumble is coming after the opportunity in artificial intelligence. And now, they’ve just landed their largest deal ever for high performance computing.
What’s happening:
- Rumble (NASDAQ: RUM) has landed a new $270M USD deal to provide high performance computing
Why it matters:
- This is the largest deal that Rumble has ever done for hosting artificial intelligence workloads
Going deeper:
- Rumble has publicly stated they will host artificial intelligence workloads on Nvidia’s (NASDAQ: NVDA) Blackwell B300 GPUs
- Rumble previously made waves when they announced their interest to acquire Northern Data AG in an all stock deal worth $1.2B USD which would ultimately give Rumble control their data centre infrastructure and roll Tether's 54% equity stake in Northern Data AG into common shares of Rumble
The fine print:
- The customer purchasing $270M USD of dedicated GPU cloud capacity from Rumble has not yet been publicly disclosed


