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Nvidia and Other Tech Firms Explore Minority Stake in Lancium, the Power Developer Behind Stargate's Texas Campus

  • Infra & Chips
  • Funding & M&A

Nvidia and several other technology companies are in talks to take a minority stake in Lancium, the Texas-based power developer that supplies electricity infrastructure to the Abilene campus at the heart of OpenAI and Oracle's Stargate project. The discussions value Lancium at roughly $7 billion to $10 billion, with some estimates reaching as high as $14 billion.

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