Nvidia invests heavily in Stargate developer Lancium

Nvidia is set to invest up to US$3 billion in power infrastructure developer Lancium, which operates the Stargate data centre campus in Texas.

The initial investment of US$2 billion will give Nvidia a roughly 20% stake in Lancium, with an option to add another US$1 billion if certain thresholds are met.

The deal values Lancium's portfolio of land and power connections at around US$10 billion, according to The Information.