Reported about 8 hours ago
Rumble has announced its intention to acquire Northern Data, a company specializing in AI and high-performance computing solutions. If completed, Northern Data shareholders would receive Class A shares of Rumble stock, resulting in approximately 33.3% ownership for them in the new entity. The merger aims to enhance Rumble's AI capabilities while ensuring data privacy and independence globally. Tether, a significant player in digital assets, supports the acquisition and plans to sell its stake in Northern Data as part of the deal.
Source: YAHOO