NVIDIA plans to invest up to $3 billion in Lancium to support AI data center power infrastructure.

According to reports, Nvidia has agreed to invest $2 billion in power infrastructure developer Lancium, with a commitment to invest an additional $1 billion as the company secures more planned power resources. The transaction values Lancium and its land and power connection assets at approximately $10 billion, including the investment amount and debt. Lancium is a power infrastructure company supported by Blackstone Group, responsible for developing power infrastructure projects in Texas, serving OpenAI and Oracle AI parks.