Rumble Inc. (RUM) Announces Strategic Partnership with TRON

Video-sharing platform and cloud services provider Rumble Inc. (NASDAQ:RUM) has announced a strategic partnership with TRON, a community-driven decentralized autonomous organization (DAO) focused on decentralizing the internet using blockchain technology and decentralized applications.

Rumble Inc. (RUM) Announces Strategic Partnership with TRON

A large flat-screen TV streaming video from a video hosting platform.

In a press release shared on Tuesday, the company stated that Rumble Cloud will provide access to its infrastructure in the initial phase of the collaboration, thereby supporting a more resilient and decentralized foundation. The platform helps organizations become independent from unfair pricing, censorship, and vendor lock-in strategies through its robust portfolio of cloud computing services.

Chris Pavlovski, Chairman and CEO of Rumble Inc. (NASDAQ:RUM), shared the following remarks on the partnership with TRON:

“Blockchain and cryptocurrency represent the decentralized internet that promises the freedom to be innovative, and that is exactly compatible with Rumble’s mission to promote and protect free expression. It’s an honor to be entrusted by TRON, and we look forward to a long relationship.”

Rumble Inc. (NASDAQ:RUM)’s shares surged 3.93% following the announcement to close Tuesday at $9.52 per share.

While we acknowledge the potential of RUM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RUM and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: ChatGPT Stock Advice: Top 12 Stock Recommendations and 10 Cheap Rising Stocks to Buy Right Now.

Disclosure: None.