NVIDIA has agreed to invest $2 bln in power‑infrastructure developer Lancium and
has committed to a further $1 bln once Lancium secures additional planned power
resources, The Information reported. The transaction implies an enterprise value
of about $10 bln for Lancium and its land and grid‑connection assets, including
the investment and debt. Lancium, backed by Blackstone, is developing Texas
power projects serving OpenAI and ORACLE AI campuses.