RUM Group strikes $13.7 billion AI chip deal with US cloud customer
RUM RUM Group Inc
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View chart & analysis → - 1RUM Group (RUM), the operator of Truth Social, has signed an AI chip deal worth approximately $13.7 billion with an undisclosed US cloud customer
- 2The customer will purchase GPU services three times over six years and receive an option to buy around 51 million shares at one cent per share
- 3The services will be provided from a site under development in Maysville, Georgia, and the company will fund the deal through debt or equity
This 3-line summary is compiled from the report below.
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