# Trump-linked RUM Group signs $13.7 billion AI deal with US-based cloud client

> Source: <https://ca.finance.yahoo.com/news/trump-linked-rum-group-signs-124430032.html>
> Published: 2026-08-24 12:44:30+00:00

Aug 24 (Reuters) - RUM Group, which hosts U.S. President Donald Trump's Truth Social platform, said on Monday it has signed a contract with an unnamed U.S.-based cloud customer worth about $13.7 billion to supply AI chips.

Shares of RUM Group rose more than 8% in premarket trading.

Here are some details:

• Rumble started operating as RUM Group in June after closing its acquisition of German AI cloud company Northern Data, creating a new AI-infrastructure business as it seeks to capitalize on booming AI compute demand.

• Under the deal, the customer will get access to GPUs and related services from RUM Group's Maysville, Georgia site, which is currently under development.

• RUM Group said it is giving the unnamed customer the option to buy around 51 million shares of its stock for just one cent each, according to a regulatory filing.

• The option will become available to the customer gradually over six years, as the client fulfills the purchase agreements.

• The customer will buy $13.7 billion in GPU services over six years in three parts, with the last instalment contingent on a delivery date approved by the client.

• RUM Group did not immediately respond to a Reuters request for comment about the customer.

• The company said it currently lacks the necessary funds and plans to raise capital through debt or equity to fulfill this contract.

(Reporting by Pooja Desai)
