AI investment stories

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

Aug 5, 2026

SoftBank quarterly profit falls 18% despite $8.2 billion gain from Intel investment

SoftBank Group reported an 18% drop in fiscal first quarter profit as higher costs offset investment gains, though the company received a significant boost from Intel's tripled share price during the quarter. The results highlight mixed performance in the technology investor's AI-focused portfolio.

Aug 5, 2026·3 sources

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.

Subtopics

AI data centers Compute, chips & AI infrastructure Energy & environment Semiconductor industry Corporate earnings AI technology investment

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

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