Reported about 19 hours ago
Rumble, the video platform associated with Truth Social, is contemplating a $1.2 billion acquisition of Northern Data to enhance its AI cloud services. This potential deal would allow Rumble to take over Northern Data's cloud business, Taiga, and its data center operations. The acquisition could see Tether, the largest investor in Rumble, becoming a significant shareholder while Tether also backs the transaction. Northern Data's board is currently evaluating the offer amidst ongoing discussions.
Source: YAHOO