RUM Group Inc. Class A Common Stock Canaccord Genuity's 46th Annual Growth Conference

Good to meet everybody. Mike Massey. I am the CFO of RUM Group, which is a combination of what used to be known as Rumble, as well as our Quake AI brand that does AI compute as a service. Speaking of the two businesses, we have Rumble Video, which we were known for previously. Folks know it's a video platform, 50 million-plus monthly active users. The history of it is a free speech platform. As a part of that, it had to build all of its own rails. It couldn't use AWS, couldn't use GCP to host its servers, et cetera. It built its own CDN, it built its own data centers, et cetera. As a part of that, we also offered a cloud service.

Just last year, we acquired a company called Northern Data, which was a former Bitcoin miner that then became an HPC/AI compute as a service company. We just closed that transaction in mid-June. As a part of that, we took the Rumble Cloud, the data centers, the CDN, the low latency, et cetera. We combined that with the GPU as a service from Northern Data, and we formed the brand of Quake AI. In addition, we still have our existing Rumble video platform, and RUM Group is the holding company. There are two separate businesses that operate autonomously underneath them. There are strategic synergies between them. For example, we've started to explore with the customers of both Rumble Cloud and Northern Data. There is a lot of interest in our video data for purposes of AI training.

We've gotten multiple outreach on that from robotics companies that want to be able to use and leverage some of that video data, especially that is spatial, temporal, et cetera. As we look at moving forward, we're really focused on, and the majority of the financial opportunity is really going to come from Quake AI. I'll talk about that in a bit and tell you about what size opportunity and why we're so excited about it. One footnote to the story, very important strategic partner of ours, owns almost 50% of the combined company, is Tether. Tether is the world's largest stablecoin company, extremely profitable, also makes strategic investments. We are extremely well-aligned with them. We are one of their largest investments, and we think this unlocks for us both a network of and access to technology that's a meaningful differentiator for us. Okay. Quake, let me give you the speaker notes version of this. 22,000 existing Hopper generation GPUs running inside of primarily European estate.