Deeply tied to Trump's Rumble (RUM.US) throws out 767 million dollars, betting on the entire new growth narrative - AI Cloud.

According to the financial news app the video platform Rumble (RUM.US) plans to acquire the German-based AI cloud computing services company Northern Data in an all-stock transaction worth approximately $767 million. Northern Data is a cloud AI company focused on cloud AI computing power leasing services and providing high-performance computing solutions. Under the acquisition plan proposed by Rumble, shareholders of Northern Data will receive 2.0281 shares of newly issued Rumble Class A common stock for each share of Northern Data stock they hold. After the completion of the transaction, they will collectively hold approximately 30.4% of Rumble's shares.