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AI News from ET - Rumble considers near $1.2 billion offer for German AI cloud group Northern Data

Vishwadeep Khatri
in AI News & Two Lenses

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Video platform Rumble is considering a $1.17 billion bid for German AI cloud group Northern Data AG. The proposed offer would integrate Northern Data’s data centre and GPU cloud businesses with Rumble’s operations. Tether, Northern Data’s majority shareholder, supports the transaction, though no formal offer is guaranteed.

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