Nvidia is investing up to $3 billion in Lancium, a power infrastructure developer that has received backing from Blackstone.

The entities involved

• Lancium →

  American energy company

  • Lancium and QTS are funding infrastructure improvements in Turkey, while Lancium also committed investment in Texas water infrastructure.Thu 06:28
• Nvidia →

  American multinational technology company

  • Mark Zuckerberg holds a 13.5% stake in Meta, and S&P Global is tracking Meta's ownership status while the company competes in the AI market.05:03
  • San Jose City Council approved Nvidia's data center operations, following a disclosure of Pam Foley's financial interest in the company.00:25

Related events

• BlackRock's fund holds a large share of Nvidia stock.Oct 6
• Major AI companies like Meta and Microsoft are committing massive capital expenditure for AI infrastructure, supported by Nvidia's supply commitments.Oct 12
• Firmus Technologies is purchasing Nvidia infrastructure to provide cloud services located in Batam.Jun 28
• Nvidia is traded on Nasdaq as Martin Shkreli suggests startups could threaten its dominance, citing Lumi's superior photonic chips.Sat 15:21
• Axonica Labs, founded in Herzliya Pituah, aims to compete with Nvidia and Cerebras chips in the AI market.Oct 14