RUM Group signs 13.7B AI cloud deal
RUM Group announced a 13.7 billion dollar agreement to supply AI chips and services to an unnamed US cloud customer. The Trump-linked company saw its shares rise over 8 percent in premarket trading following the news.
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RUMBLE INC signed a $13.7 billion AI chip contract with an unnamed United States cloud client on Monday morning, driving shares up over 8% in premarket trading. The deal represents a major infrastructure push for the platform following its recent expansion into artificial intelligence services. To fund the buildout, the company disclosed it will need to raise capital through debt or equity.
