Nvidia to invest up to $3 billion in Lancium, the Information reports

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(Corrects paragraph 1 to remove garble)

Aug 7 : 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 per cent 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.

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