RUM Group Inc., formerly Rumble Inc., entered a six-year agreement with an unaffiliated U.S.-based cloud customer for approximately $13.7 billion in GPU services from its Maysville, Georgia, data center, which remains under development. The contract is divided into three tranches of about $4.6 billion, with the third subject to the customer’s reasonable approval of the proposed delivery schedule. A binding warrant term sheet gives the customer the right to acquire up to 50.81 million Class A shares at $0.01 per share, creating potential dilution. CEO Chris Pavlovski identified CoreWeave and Nebius Group as competitors for Quake AI, RUM Group’s AI-infrastructure division. The company says it currently lacks the financing needed to complete the facility, procure GPUs and meet its obligations, making debt or equity financing, execution risks and any Tether-related backstop central issues for investors. RUM Group shares were reported up about 11% Tuesday, at either $10.41 or $10.44 depending on the publication time, after strong recent gains. The move followed second-quarter revenue of $40.4 million, up 61% year over year and above analyst estimates, and third-quarter guidance of $87 million to $93 million.