Investing.com -- Rumble Inc (NASDAQ:RUM) shares jumped 7% in premarket trading Thursday following the company’s announcement of a $270 million cloud services agreement.
Rumble secured the multi-year contract with a third party customer on June 3, 2026, representing the company’s largest customer commitment to date. Under the agreement, the customer committed to purchase dedicated GPU cloud capacity from Rumble powered by NVIDIA Blackwell B300 systems.
The agreement includes potential for greater value and extended length based on market success, according to a Form 8-K filing with the Securities and Exchange Commission.
The cloud services deal marks a development for Rumble’s infrastructure business as the company expands beyond its video platform operations. The contract provides the company with committed revenue over multiple years from cloud computing services.
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