Nvidia to invest up to $3 billion in Lancium, the Information reports

FILE PHOTO: Nvidia logo is seen in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

08 Aug 2026 09:42AM

(Corrects paragraph 1 to remove garble)Aug 7 : Nvidia will invest up to $3 billion in Blackstone backed power infrastructure developer Lancium, the company behind Stargate, the Information reported on Friday.Nvidia will get a 20 per cent stake in Lancium for the first $2 billion investment, and its stake could grow to an additional $1 billion if Lancium hits certain thresholds, the report said, citing people familiar with the matter.Nvidia and Lancium did not immediately respond to Reuters requests for comment.

Source: Reuters