Rumble母公司Q2营收增61% 上调Q3指引至9300万美元

Bloomberg Audio Studios podcasts radio news. Rum Group coming off a record quarter with second quarter revenue jumping 61% from a year ago to more than $40 million. Now forecasting as much as $93 million this quarter as it pushes deeper into AI infrastructure. Rum Group CEO and founder Chris Pavlosski back with us. June 17th, you closed the acquisition of Northern Data and in this quarter gone, that shows up as a $10.1 million contribution.

So, it's early, but let's start there. You know, how had that gone and and what's the direction of travel? And maybe just explain the pivot that you made.

Oh, absolutely. Thanks for having me back on. So, in Q1, uh, we did 25 12 million. In Q2, which we just reported, we did 40.4 million um which is a record for the company. We closed Northern Data in in midJune. We rebranded the company to Rum Group. So now we have two divisions. We have the video platform which is Rumble and on the other side we have Quake AI which is the AI compute as a service business and that showed up in the quarter and uh we uh posted a record uh a record in the in the history of the entire company since the inception of going public and uh we for the very first time we initialed initiated formal guidance as a company.

Now that we see that we can uh predict and uh be better at uh telling the market and where we're going and telling the story and uh we are forecasting between 87 and 93 million for the third quarter of uh 2026.

Chris, do the investors accept, understand, and believe um the Quake AI story? I

I think uh that's that's something the market's missing right now. I I think that uh we're we we have to execute as a team and we have to show that uh that we can uh take this business and capitalize on the opportunity that we have. We have over 250 megawatts of unmonetized power uh 150 megawws that's in Georgia that represents a 3 billion uh annual revenue opportunity for the business. So, at this moment, I think uh I think the market wants to see some execution and I think we're starting to show that.

We posted a record here in in Q2 and uh we're anticipating on posting a record in in Q3.

So, so that's interesting, right? Not yet monetized in in a from a megawatt perspective. You could you could even just do it on a per GPU basis. You guys have more than 20,000 Nvidia GPUs across H100 and H200 generations. What does it take to monetize that capacity? bring it online.

Yeah. So, our our current estate that's monetized right now, we have about 22,000 GPUs that's monetizing at about 6 to 7 million uh per megawatt. And uh as you as you've probably seen with a lot of different earnings out there and SpaceX, etc. There there's a lot of different projections on where that can go for for the estates. The 250 megawatts that we do have that's currently unmonetized. Um, if you throw Reubin's in there, if you throw Blackwells in there, depending on the customer that we put there, uh, and what chipset we put there, that that can scale up pretty dramatically from 6 to 7 million per megawatt.

You heard Elon talking about 30, he was guessing between 30 to 50 uh uh, billion per gawatt. So, you know, the scale can get pretty pretty rapid there. And that that is exactly the opportunity we have in front of us. and and my team is heads down 100% on monetizing that 250 as fast as possible. It's only been a month and a half. We've got the utilization up on the current estate up to 80 roughly 85% and uh now we're we're heads down on trying to get that 250 monetized, get the right client there and uh capitalize on that 3 billion uh annual revenue opportunity that sits right in front of us.

Again, this was a pivot. So in the quarter gone, you know, the video platform still contributed more than $30 million in revenue. What's what's the future of that business, right? You you you see an inflection point where AI is just the vast majority and video goes away or or it's more even set. I I see like there's a real opportunity that's coming in the future and I think it's uh it's a little early at this moment but uh robotics I think the next major leg on AI obviously AI compute the demand uh it's very scarce the demand is super high there's very low supply and that's going to be a very big business going forward for us but I I also think the the video side provides a a real opportunity when we get into this robotic era of AI the video data is going to be very compelling in in order for training uh robotics.

So I we sit in a very interesting place with over 57 million monthly active users on the video platform and a community a very strong community that can contribute a a lot of video data and monetize their video data for that robotic era AI and I think that creates a moat around rum group that uh you know the typical neoclouds don't have. We have what the Neoclads have and that's the power, the land, the GPUs, but we also have something they don't have and that's the uh that's the video data.

Rum Group CEO Chris Pavlovski back on the show. Really appreciate your time. Thank you very much.