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

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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% 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.