Rumble is a Publicly Owned company headquartered in the US, founded in 2013 with approximately 70 employees, and functions as a tier 1 media tech buyer. The company offers media and TV services, operating its user-generated video streaming site, Rumble, and the social network Locals. Rumble is publicly traded under the ticket $RUM on the NASDAQ.
On July 1, 2026, Pomerantz LLP initiated an investigation into Rumble Inc., probing potential claims of securities fraud or other unlawful business practices by the company and its officers or directors. Previously, on June 30, RUM Group Inc. announced the filing of updated investor materials, highlighting key milestones and revenue opportunities. The filing noted significant growth, with GPU utilization for its operating businesses, Rumble and Quake AI, climbing from under 5% to approximately 85% in Q1 2026. Quake AI specifically secured $270 million in multi-year contracted revenue for next-generation NVIDIA HGX B300 systems, and the company plans to provide formal financial guidance with its second-quarter 2026 earnings release. This follows the June 26 disclosure that Tether Global Investments Fund acquired 4,599,365 shares of Rumble in an open-market transaction, valued at approximately $36.2 million.
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