Wu said that the video platform Rumble announced its intention to acquire the German AI infrastructure company Northern Data for approximately $1.17 billion in stock, with the deal expected to be completed by the end of 2025. The transaction is supported by Northern Data's largest shareholder Tether and is contingent upon the sale of its subsidiary Peak Mining to repay Tether's loan. After the deal is completed, Tether will become one of Rumble's largest Class A shareholders and plans to engage in long-term GPU cooperation with it.