Nvidia to invest $3 billion in data centre maker Lancium: Report

Nvidia will invest up to $3 billion in Lancium, the firm which developed the Stargate data centre in US' Texas, The Information reported. According to the report, Nvidia will initially invest $2 billion for a 20% stake in Lancium, which has an enterprise value of around $10 billion. Nvidia could reportedly invest another $1 billion if Lancium meets certain thresholds.