Nvidia will invest up to $3 billion in power infrastructure developer Lancium, acquiring a 20% stake as it moves directly into AI data-center power infrastructure. Nvidia will spend $2 billion for the stake and agreed to invest an additional $1 billion if Lancium meets conditions including grid interconnection. The deal values Lancium at about $10 billion, including its land holdings and grid-connection portfolio. The investment aims to strengthen the AI infrastructure ecosystem and help customers secure computing capacity, including through a long-term lease on Hut 8's hyperscale data center. The Information reported on August 8 that Nvidia will spend $2 billion to acquire the 20% stake.