Rumble (RUM) soars on $767M Northern Data deal; Tether pledges up to $250M; Q3 revenue misses — Nov. 10, 2025
Rumble Inc. (NASDAQ: RUM) said today it will acquire German AI infrastructure firm Northern Data in an all‑stock transaction valued at roughly $767 million, unveiled two new commercial commitments from Tether worth up to $250 million, and released mixed Q3 2025 results. Shares initially jumped in early trading. What Rumble announced today Why it matters: The package signals Rumble’s pivot from a pure video platform toward AI and cloud infrastructure, aiming to control compute supply, reduce dependence on third‑party hyperscalers, and open new B2B revenue streams. Deal terms at a glance Q3 2025 results: revenue soft, losses narrower Rumble’s Q3