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RUM

Rumble Acquires 85.2% Stake in Northern Data

Rumble closed its acquisition of Northern Data and said it now owns about 85.2% of Northern Data’s outstanding shares.

The deal gives Rumble access to more than 200 MW of unmonetized energy capacity, out of roughly 250 MW of current energized and planned power across ten data centers. Four of those data centers are owned. Rumble said almost all of that capacity is expected to come online by 2027.

Northern Data also lifted its full-year 2026 revenue outlook by about 30%, to a range of 170 million to 190 million euros, from a prior range of 130 million to 150 million euros. The company said utilization of its roughly 22,000 Nvidia H100 and H200 GPUs reached about 85% in March 2026.

Rumble said the combined platform now includes one of Europe’s largest independent GPU estates, with roughly 22,000 high-end Nvidia GPUs, and that it has gained immediate access to that infrastructure.

The company also pointed to its recently announced multi-year agreement with Together AI, with total contract value of $270 million for dedicated GPU cloud capacity powered by Nvidia Blackwell B300 systems.

Rumble said its cloud business adds a CPU-based compute, storage and network backbone to the acquired GPU and data center assets. The market has reacted to these announcements by moving the company's shares 1.65% to a price of $7.41. If you want to know more, read the company's complete 8-K report here.

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