Blog

Rumble to buy northern data after tether investment

Photo of cryptobizinvest.com cryptobizinvest.com Send an email 1 week ago
0 0 1 minute read



Video sharing platform Rumble has announced a business combination agreement with the AI ​​infrastructure company, following its financial deepening in StableCoin Issuer Tether.

In a notice on Monday, Rumble said It will get northern data following August announcement with Tether As part of a joint venture to buy an AI Infrastructure Company. Reuters reported That acquisition is valued at nearly $767 million as part of a stock deal between Rumble and Northern data.

https://www.youtube.com/watch?v=ziirhv3cbog

Tether invested $ 775 million in Rumble In December 2024, citing the “core values ​​of freedom of speech and financial freedom,” according to Paolo Ardonio, CEO of StableCoin Issuer.

Arduino join Rumble’s investor call for the third quarter of 2025, confirms that Tether has agreed to a $150 million GPU service buying deal as part of the Northern data acquisition and a $100 million advertising deal.

Related: Kraken acquires capitalise.ai as crypto companies buy AI startups

“Our investment in Rumble is about building the infrastructure that protects (…) freedom,” Ardonio said on Monday’s investment call. “We share the same vision of creating open platforms as a counterweight to centralized, censor-prone big tech.”

Following the 2024 tether investment, Rumble CEO Chris Pavlovski speculated that the platform planned to attack YouTube’s market share. The company’s rum stock share price on the NASDAQ has risen about 7.6% in the past five days, hitting $6.42 at press time.

Crypto companies are grabbing AI deals

Tether’s joint interest in northern data with Rumble is the latest acquisition involving a cryptocurrency or blockchain company expanding into AI services.

In January, chainalysis was obtained The AI ​​Fraud Detection Startup Alterya for a reported $150 million as part of the company’s expansion of blockchain analytics to enhance “proactive fraud protection for payments and improved fraud detection.” Bitcoin miner Mara Holdings followed in August, Signing a $168 million deal To acquire a 64% stake in Exaion, a French company that provides AI and cloud infrastructure.