Nvidia (NASDAQ: NVDA) is investing up to $3 billion in Lancium, the power infrastructure company at the center of the Stargate AI data center initiative, according to Reuters. The transaction assigns Lancium, together with its land holdings and power assets, an enterprise value of roughly $10 billion, underscoring the scale of capital now flowing into AI infrastructure. The Lancium deal signals that Nvidia is moving beyond chip manufacturing to take direct stakes in the physical infrastructure required to run the AI systems its hardware powers.