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Stock impact report

Tether Doubles Down on Rumble, with an Initial Commitment of up to $150 Million of GPU Services to Fuel AI Plans

Rumble Inc. - Class A (RUM) 
Company Research Source: GlobeNewswire
Commitment in Support of Recently Announced Exchange Offer for Northern Data Agreement Further Demonstrates Tether’s Expanding Investment and Partnership with Rumble LONGBOAT KEY, Fla., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ: RUM) (“Rumble” or the “Company”), the Freedom-First technology platform, today agreed on a significant GPU commitment with Tether, the largest company in the digital assets industry and the most widely used dollar stablecoin across the world with more than 500 million users. The agreement represents an initial commitment by Tether to purchase up to $150 million of GPU services over a two-year period following the closing of Rumble’s voluntary public exchange offer for Northern Data AG. Securing direct access to high-performance compute is a strategic cornerstone of Tether’s broader AI ambitions, positioning the company to power a decentralized ecosystem for AI that operates independently of hyperscalers. The GPU fleet would enable Tether to su Show less Read more
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