SynopsisNvidia will get a 20% 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 Information said, citing people familiar with the matter.ReutersNvidia 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% 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. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now
Nvidia to invest up to $3 billion in Lancium, the Information reports - The Economic Times
Nvidia will get a 20% 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 Information said, citing people familiar with the matter.
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