Rumble Signs $13.7 Billion AI Hosting Deal with Anthropic
Rumble Inc., a digital media company transitioning into an enterprise compute supplier, has signed a six-year, $13.7 billion hosting and computing agreement with artificial intelligence research lab Anthropic. The deal significantly shifts Rumble's revenue model from advertising-based to high-performance computing (HPC), providing multi-year visibility that could recalibrate its valuation. Following the announcement on September 14, 2026, Rumble’s shares surged by 11.6% with heavy trading volume, while competitors CoreWeave and Nebius saw declines as capital rotated toward Rumble. The contract represents approximately $2.28 billion in annual revenue for Rumble—more than triple its current market cap of around $3.8 billion—and positions the company to meet growing demand for AI infrastructure by leveraging power-ready facilities. However, execution risks remain, including unfinanced construction costs for a 250MW Georgia data center and potential dilution from warrants tied to Anthropic’s expansion.
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Topics: Anthropic Data Center Contracts Enterprise AI Hosting Rumble Inc.