The shares of Rumble Inc. (NASDAQ: RUM) persist in their upward surge this morning, marking a notable 12.91% increase to $8.92 at the latest check. This ongoing momentum follows yesterday’s substantial climb, where Rumble’s stock catapulted by 18.26% to settle at $7.90. The upswing in RUM shares correlates with a strategic alliance and a public cloud initiative.
Rumble (RUM) has unveiled today a strategic collaboration with Qinshift, a prominent global entity specializing in managed IT services and solutions, boasting a workforce exceeding 7,000 individuals. This partnership endeavors to amalgamate the proficiencies, assets, and sector insights of both entities.
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Leveraging Qinshift’s adept workforce, expertise, and worldwide presence, Rumble Cloud aspires to meet the burgeoning demand for its services. With the collective strengths of both entities, Rumble Cloud aims to furnish top-tier cloud services and propel growth by streamlining customer acquisition, facilitated by Qinshift’s proficient workforce targeting enterprise clientele on a large scale.
RUM anticipates expanding its market reach through Qinshift’s global network, supplemented by a broad spectrum of managed IT services and solutions. This collaboration enables Rumble to substantially augment and expedite its market penetration efforts by offering a diversified suite of services, while efficiently onboarding cloud customers.
Furthermore, this partnership heralds an enticing prospect for Qinshift to merge its DevOps and managed services with Rumble Cloud’s cutting-edge infrastructure. In concert with RUM, Qinshift is poised to deliver unparalleled value-added solutions, services, and support to clients worldwide, accentuating quality and comprehensive guidance throughout the cloud journey.
In addition to the strategic alliance, Rumble has unveiled the public introduction of Rumble Cloud, an infrastructure as a service (IaaS) platform championing the principles of a free and open internet. Rumble Cloud is tailored to empower enterprises to emancipate themselves from the inequitable pricing practices, vendor dependency, and censorship prevalent among dominant hyperscalers.
Serving as the backbone for rumble.com, Rumble Cloud offers an array of essential cloud computing services, accessible through a self-service model, encompassing virtual machines, Kubernetes orchestration, storage solutions, load balancers, and virtual private cloud options.