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Aug 8, 2026

Nvidia to Invest Up to $3 Billion in Lancium, Power Developer Behind Stargate AI Data Center

Nvidia has agreed to invest up to $3 billion in Blackstone-backed power infrastructure developer Lancium, which operates the Stargate data center campus in Texas. The deal includes an initial $2 billion investment for approximately 20% equity stake, with an additional $1 billion commitment as Lancium secures more power capacity.

Aug 8, 2026·9 sources
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Top claims

  • ▪Stargate is a joint venture between SoftBank, OpenAI, and Oracle to build artificial intelligence data centers.
  • ▪The 1,000-acre Lancium Clean Campus in Abilene, Texas, serves as the first operational site of the Stargate data center initiative.
  • ▪Nvidia's investment in Lancium begins with an initial $2 billion tranche for an equity stake of approximately 20% in the Blackstone-backed company.

Topics

AI data centersCompute, chips & AI infrastructureAI investmentEnergy & environment

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