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Anthropic has committed to purchase $13.7 billion worth of GPU services from Rum Group over six years, giving the former video platform one of the largest AI infrastructure contracts signed to date.
The agreement centers on computing capacity from a data center currently under construction in Maysville, Georgia. Rum Group initially disclosed the contract in an SEC filing on August 24 without naming the customer.
Anthropic was identified as the counterparty in September, sending Rum Group shares as much as 28% higher in premarket trading on Monday.
The agreement also gives Anthropic a 10 year warrant to purchase up to 50.81 million Class A shares of Rum Group for $0.01 each.
Those warrants vest alongside GPU purchase milestones, linking Anthropic’s potential equity stake to how much computing capacity it actually purchases under the agreement.
The structure gives Rum Group greater certainty around Anthropic’s spending commitment while giving Anthropic exposure to potential upside in the infrastructure provider as the relationship expands.
The scale of the agreement is significant relative to Rum Group’s existing business. The company reported $40.4 million in revenue during the second quarter of 2026, meaning the total contract value is roughly 340 times its quarterly revenue, although the payments will be spread across six years.
Rum Group has been rapidly expanding beyond its original video platform. The company acquired German cloud provider Northern Data in June for approximately $767 million, gaining access to roughly 22,000 Nvidia Hopper GPUs.
The Georgia facility that will support the Anthropic agreement remains under construction, leaving Rum Group exposed to execution and infrastructure risks as it prepares to serve one of the world’s largest buyers of AI computing capacity.
Anthropic has aggressively expanded its infrastructure commitments as competition among frontier AI developers intensifies. The company has reportedly secured around 14.8 gigawatts of computing capacity over the past 11 months, representing roughly $517 billion in commitments.
The Rum Group agreement represents a relatively small portion of that broader expansion but introduces an unusual structure that directly links the customer to the infrastructure provider’s equity.
Similar arrangements could become more common as AI infrastructure companies compete to secure large customers. Equity incentives can strengthen long term commitments while giving AI developers a way to participate financially in the infrastructure businesses supporting their growth.
For Rum Group, the challenge now shifts from securing demand to delivering the capacity. Fulfilling a $13.7 billion agreement will require the company to scale its infrastructure operations far beyond its existing revenue base while completing the Georgia facility on schedule.
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