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AI Giant Rumble's $1.17B Cloud Infrastructure May Bolster AI Tokens such as SUBBD

Video platform Rumble, a competitor to YouTube, is seeking a $1.17 billion expansion into the AI infrastructure sector. The platform, based in Canada, has proposed a stock deal to acquire the Taiga cloud division and Ardent data center operations of Northern Data, a company owned by Tether....

AI-driven Rumble's $1.17B Cloud Infrastructure Might Bolster AI-Based Tokens Such as SUBBD
AI-driven Rumble's $1.17B Cloud Infrastructure Might Bolster AI-Based Tokens Such as SUBBD

AI Giant Rumble's $1.17B Cloud Infrastructure May Bolster AI Tokens such as SUBBD

In a significant move, Rumble, a major player in stablecoins and blockchain finance, has announced a $1.17 billion all-stock acquisition of Northern Data's Taiga AI cloud and Ardent data center divisions. This deal positions Rumble to become a global leader in AI cloud computing, integrating Northern Data's high-performance computing (HPC) infrastructure into its platform [1][3][5].

The implications for the convergence of AI and blockchain industries are profound. By merging advanced AI cloud infrastructure with blockchain-enabled platforms, Rumble is creating a synergy that could accelerate innovation in AI and blockchain applications, optimize cloud computing services, and support emerging use cases that require both secure decentralized ledgers and AI data processing [2].

Rumble's acquisition reflects a strategic move towards the convergence of AI, blockchain, and cloud computing. It serves as a catalyst for cross-industry innovation, enabling the delivery of advanced, scalable solutions to a global market, and potentially redefining technological standards across these sectors [2][4].

Meanwhile, the SUBBD Token ($SUBBD) is making waves in the crypto space. This token is building an AI-integrated crypto creator platform, designed for the next generation of creators and fans. With over 250M combined social followers across ambassadors and partner brands, SUBBD is positioned to onboard a huge audience into its Web3 ecosystem [2].

The SUBBD platform offers creators an AI assistant that automates chat, content creation and editing, scheduling, and monetization. Users on the platform can access premium content, AI-generated media approved by the original creator, personalized interactions, and access to beta features before public release [6].

Post-launch, holders of the $SUBBD token will unlock further perks, including exclusive content, early access to creator drops, loyalty rewards, and platform discounts [7].

It's important to note that crypto investments come with no guarantees, and investors should only invest what they can afford to lose.

The demand for GPUs and high-performance computing has exploded due to both blockchain mining needs and AI model training. Tether, which holds a controlling stake in Northern Data, is backing the Rumble deal and will become an important customer of Rumble, with a multi-year commitment to purchase GPUs [4].

This move signifies a shift in the crypto industry, as crypto-native companies are investing in AI infrastructure. Rumble's acquisition of Northern Data's Taiga AI cloud and Ardent data center divisions is a testament to this shift, as it gives Rumble a major foothold in high-performance computing infrastructure [8].

The presale for the $SUBBD token has already raised over $985K, with tokens priced at $0.05615 and staking set at 20% static APY [9]. Tokens like $RNDR, $FET, and $TAO have seen capital flow into projects that merge AI and crypto, indicating a growing interest in this convergence [10].

In conclusion, the Rumble acquisition and the rise of the SUBBD Token mark exciting times for the AI-blockchain space. As these technologies continue to intersect, we can expect to see more innovative solutions and opportunities in the future.

[1] - [Source Link 1] [2] - [Source Link 2] [3] - [Source Link 3] [4] - [Source Link 4] [5] - [Source Link 5] [6] - [Source Link 6] [7] - [Source Link 7] [8] - [Source Link 8] [9] - [Source Link 9] [10] - [Source Link 10]

  1. The acquisition by Rumble, a leader in stablecoins and blockchain finance, of Northern Data's Taiga AI cloud and Ardent data center divisions marks an investment in artificial-intelligence technology, positioning Rumble to optimize its cloud computing services and foster innovation in AI and blockchain applications.
  2. As the presale for the SUBBD Token suggests, there is growing investor interest in projects that merge AI and crypto, reflecting a strategic move towards the fusion of these technologies, which could redefine technological standards and yield innovative solutions in the future.

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