Pranav Hotkar
Toronto/Frankfurt, November 10, 2025- Rumble Inc., the U.S.-based video and cloud services platform, announced it has entered into a definitive agreement to acquire Germany’s Northern Data AG in an all-stock transaction valued at approximately USD 767 million. The move will significantly expand Rumble’s cloud and AI infrastructure capabilities.
According to Rumble’s official press release published on GlobeNewswire, Northern Data shareholders will receive 2.0281 newly issued Class A shares of Rumble for each Northern Data share, representing about 30% ownership of the combined company once the transaction closes. The companies expect to complete the deal in the second quarter of 2026, pending regulatory and shareholder approvals.
The acquisition includes Northern Data’s GPU-powered cloud business, comprising approximately 22,400 NVIDIA H100 and H200 processors and up to 180 megawatts of operational capacity across facilities in Germany, the Netherlands, and the United States. Rumble said the assets will form the foundation of its expanded Rumble Cloud platform, aimed at serving AI workloads and high-performance computing customers.
“Northern Data. Tether. Rumble. This is how we build the AI ecosystem for the future from the ground up,” said Chris Pavlovski, Chairman and CEO of Rumble, in the company’s statement.
The transaction is supported by Tether Ltd., the stablecoin issuer, which committed USD 150 million in GPU leasing contracts over the next two years and is expected to be an anchor customer for Rumble Cloud.
Northern Data, headquartered in Frankfurt, operates several high-density computing sites and has previously worked with Nvidia and Tether on large-scale GPU deployments. Following the merger, the company plans to delist from the Frankfurt Stock Exchange.
Rumble’s shares rose more than 25% on Nasdaq following the announcement, reflecting investor enthusiasm for the company’s pivot into AI infrastructure
If approved, the combination will position Rumble among a new class of vertically integrated players, owning both digital-content platforms and the compute backbone needed to power modern AI workloads.
