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Nvidia Among Tech Firms Eyeing Stake in Lancium, the Power Developer Behind OpenAI's Stargate Site

  • Infra & Chips
  • Funding & M&A

Lancium, the Blackstone-backed power infrastructure developer behind the OpenAI and Oracle Stargate campus in Abilene, Texas, is in talks to sell a minority stake, drawing interest from Nvidia and other major technology companies. The discussions underscore how the race to build artificial-intelligence data centers has shifted from a contest over chips to a scramble for electricity, land, and grid access.

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