Nvidia Pledges $2B to Lancium for Stargate Power

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- Nvidia agreed to invest $2 billion into Lancium, the power infrastructure developer behind the Stargate campus in Texas, where OpenAI and Oracle are building out operations.
- The deal includes up to an additional $1 billion from Nvidia contingent on Lancium meeting certain performance thresholds.
Why it matters: Nvidia is committing up to $3 billion ($2B baseline plus $1B milestone-contingent) into the power backbone of the Stargate campus — a direct hardware-adjacent capital bet on the energy infrastructure underwriting OpenAI and Oracle's Texas AI buildout.
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