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Nvidia to invest up to US$3 billion in Stargate data centre developer Lancium: The Information
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The Business Times
The chipmaker will invest an initial US$2 billion for a roughly 20% stake in the company behind the Stargate data centre campusNvidia may invest an another US$1 billion if the firm meets certain thresholds, the report said, citing people familiar with the matter.
PHOTO: REUTERS[BENGALURU] Nvidia will invest up to US$3 billion in power infrastructure developer Lancium, the company behind the Stargate data centre campus in Texas, The Information reported on Friday (Aug 7).
The chipmaker will invest an initial US$2 billion for a stake of roughly 20 per cent in Lancium, which is backed by Blackstone , according to the report.
Nvidia could invest an additional US$1 billion if the company meets certain thresholds, including grid hookups, the report said, citing people familiar with the matter.
Lancium owns the 404.7 hectare Lancium Clean Campus in Abilene, Texas, which serves as the first operational site of the Stargate initiative.