Rumble shares jump after report names Anthropic as ai client
A report named Anthropic as the AI client in Rumble’s six-year, $13.7 billion computing services agreement, lifting the stock before investor concerns about dilution trimmed gains. The deal gives Anthropic an option to buy up to 51 million Rumble shares at $0.01 each and ties it to compute capacity coming from Rumble’s Northern Data acquisition, which added about 22,000 Nvidia Hopper GPUs. Quake AI is operating above 85% capacity and management says 250 MW could generate more than $3 billion annually, but the company still reports net losses and negative cash flow, raising execution risks.
Anthropic has option to buy 51 million Rumble shares at $0.01
Context
Rumble bought Northern Data last June and formed Quake AI. The Information reported Anthropic as the client in Rumble’s $13.7 billion computing deal. Investors may watch share issuance and data center deployment next.
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