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Sources: Nvidia agrees to invest $2B in Lancium, the power infrastructure developer of the Stargate campus in Texas, plus $1B more if it hits certain thresholds (The Information)

Nvidia has agreed to invest $2 billion into Lancium, the power infrastructure developer behind the OpenAI and Oracle AI campus in Texas …

Nvidia has agreed to invest $2 billion in Lancium, a company that develops power infrastructure. Lancium is behind the power infrastructure for the Stargate campus in Texas, which is also home to an AI campus being developed by OpenAI and Oracle.

The investment includes a potential additional $1 billion if certain thresholds are met, according to The Information.

There is no further information in the reports about the Stargate campus, Lancium, or Nvidia's investment.

Brief written by urgent.news from Techmeme, TechRadar, TechSpot — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.

Read the original at theinformation.com →

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