Rumble: US video service seizes German AI power!

The US video service Rumble is aiming for a share of German technology expertise. The provider of the eponymous video platform is acquiring the Munich-based cloud and data center operator Northern Data, thus pursuing a strategic expansion in the rapidly growing market for AI and high-performance clouds. The transaction values Northern Data at up to 836 million euros based on the agreed parameters and aims to take the company off the market after completion. For Rumble, this acquisition marks a transition from a social media provider to a broadly...