[NVIDIA Intends to Acquire Stake in Stargate Power Supplier, Overall Valuation May Reach $10 Billion] According to monitoring by Beating, Stargate is an AI data center initiative driven by companies such as OpenAI, SoftBank, and Oracle, with plans to invest $500 billion in the United States over four years. Lancium, responsible for land and power supply facilities for the first Texas campus, is in discussions with multiple tech companies to sell minority equity stakes. NVIDIA has expressed interest. The deal could value Lancium at $7 billion to $10 billion overall, including company debt. Anthropic also approached Lancium but did not enter formal negotiations. Lancium primarily focuses on identifying land suitable for data center construction, obtaining grid access permits, and building substations and other power supply facilities. At Stargate's Texas Abilene campus, Lancium is responsible for land and power infrastructure, while Crusoe handles data center construction. Tech companies are not only interested in the land but also in Lancium's secured grid access permits and power supply capabilities. These resources enable large-scale data centers to commence operations and connect to power more quickly. [Original Link]