Rumble considers near $1.2 billion offer for German AI cloud group Northern Data

US-listed video platform Rumble is considering a potential offer of about $1.17 billion (€1 billion) for German AI cloud group Northern Data AG , according to separate statements from the companies and Reuters calculations.

Rumble, also a cloud services provider, said a deal would integrate Northern Data’s data centre business and GPU cloud business with a significant number of Nvidia GPUs, into Rumble’s existing operations.

Rumble is considering offering 2.319 shares for each Northern Data share, both companies said.