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Aug 7 (Reuters) – Nvidia will invest up to $3 billion in Blackstone backed power infrastructure developer Lancium, the company behind Stargate, the Information reported on Friday.
Nvidia will get a 20% stake in Lancium for the first $2 billion investment, and its stake could grow to an additional $1 billion if Lancium hits certain thresholds, the report said, citing people familiar with the matter.
Nvidia and Lancium did not immediately respond to Reuters requests for comment.
(Reporting by Rishabh Jaiswal in Bengaluru; Editing by William Mallard)
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