Rumble Shares Spike After Northern Data Deal Closes, Company Repositions as AI Infrastructure Player
Rumble Inc. shares jumped 16.8% in pre-open trading following the formal close of its acquisition of Northern Data AG, a corporate rebrand to RUM Group Inc., and the launch of a new AI infrastructure division called Quake AI. The deal combines Rumble Cloud’s CPU resources with Northern Data’s roughly 22,000 NVIDIA H100/H200 GPUs across nine data ce…