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TechNvidia, the chipmaker, plans to invest up to US$3 billion in Lancium, the company developing the Stargate data centre campus. The investment will begin with US$2 billion for an approximately 20% stake, with a potential additional US$1 billion if Lancium meets certain performance thresholds. This strategic move underscores Nvidia's deepening involvement in large-scale data centre infrastructure, likely to support AI and high-performance computing demands. The deal was reported by The Information and covered by The Business Times Singapore.
The Business TimesNeutral / independent
Nvidia invests up to $3 billion in Stargate AI data center developer Lancium