Nvidia to Invest Up to US$3 Billion in Stargate Data Centre Developer Lancium

Published Aug 8, 03:15 AM UTC

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Nvidia plans to invest up to US$3 billion in Lancium, the developer behind the Stargate data centre campus. The chipmaker will make an initial investment of US$2 billion for approximately a 20% stake in the company. An additional US$1 billion may be invested if Lancium meets certain performance thresholds. The deal underscores Nvidia's strategic push into data centre infrastructure amid growing demand for AI computing power.

Source

The Business TimesNeutral / independent

Original headline: Nvidia to invest up to US$3 billion in Stargate data centre developer Lancium: The Information

Original language: EN-US

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Nvidia invests up to $3 billion in Stargate AI data center developer Lancium

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