Rumble announced a $270 million multi-year agreement with Together AI for dedicated GPU cloud capacity, sending RUM shares up as much as 14% in premarket trading.
It’s the largest customer commitment in Rumble’s history.
What the deal actually involves
The agreement, disclosed via an 8-K filing on June 3, 2026, will see Rumble provide Together AI with dedicated GPU cloud capacity powered by NVIDIA’s HGX B300 systems. Those are Blackwell-generation chips designed specifically for the kind of heavy AI workloads that companies like Together AI need to run large language models and other compute-intensive applications.
Together AI, which builds infrastructure for running open-source AI models, gets reliable access to high-performance compute without building its own data centers from scratch. Rumble gets a $270 million revenue commitment.
The contract also includes expansion clauses. If Together AI’s business performs well, the deal’s value and duration could increase, meaning the $270 million figure could be a floor rather than a ceiling.
Rumble CEO Chris Pavlovski has framed the partnership as validation of the company’s strategy to build sovereign, high-performance AI compute services outside the walled gardens of Big Tech cloud providers.
From video platform to AI infrastructure company
In November 2025, Rumble announced plans to acquire Northern Data AG, a German AI infrastructure firm. That deal, if completed, would significantly expand Rumble’s GPU capacity and data center footprint.
Rumble has also reported multiple non-dilutive financing offers from third parties to support its GPU deployment efforts, meaning the company may be able to fund its infrastructure buildout without issuing new shares and diluting existing stockholders.
What this means for investors
Short interest currently sits at approximately 28% of its float. A 14% premarket surge on a $270 million deal announcement is exactly the kind of catalyst that makes short sellers nervous, as the resulting buying pressure can amplify gains as shorts scramble to cover their positions.
The expansion clauses in the Together AI deal are worth monitoring. If Together AI hits its growth targets and the contract scales beyond $270 million, it would meaningfully change Rumble’s revenue trajectory. If the non-dilutive financing materializes as described, it would address one of the biggest structural concerns about funding the company’s GPU buildout without diluting shareholders.