Rumble, a video-sharing platform, has announced a business combination agreement to acquire AI infrastructure company Northern Data, following a significant investment from stablecoin issuer Tether. The acquisition, valued at approximately $767 million, is part of a stock deal between Rumble and Northern Data. This move follows Tether's $775 million investment in Rumble in December 2024, aimed at supporting the platform's commitment to freedom of speech and financial freedom. Tether CEO Paolo Ardoino confirmed during a recent investor call that the company has agreed to a $150 million GPU service purchasing deal and a $100 million advertising deal as part of the Northern Data acquisition. Ardoino emphasized the shared vision between Tether and Rumble to create open platforms as alternatives to centralized tech giants. Following the announcement, Rumble's stock price on Nasdaq rose by 7.6% over the past five days, reaching $6.42. This acquisition is part of a broader trend of cryptocurrency companies expanding into AI services. Earlier this year, Chainalysis acquired AI fraud detection startup Alterya for $150 million, and Bitcoin miner MARA Holdings purchased a 64% stake in Exaion for $168 million, further highlighting the growing intersection between crypto and AI sectors.