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