IPO Newsroom — NVIDIA is putting up to $3B into the Blackstone-backed firm that owns the land under Stargate

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IPO Newsroom — NVIDIA is putting up to $3B into the Blackstone-backed firm that owns the land under Stargate

A new equity stake, not a chip sale: Nvidia buying into the power-infrastructure landlord under the Stargate site (per The Information) is Nvidia moving up the AI-power stack into the land and grid layer itself. Directly on the AI-power-bottleneck thesis and not yet in today's brief.

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A new equity stake, not a chip sale: Nvidia buying into the power-infrastructure landlord under the Stargate site (per The Information) is Nvidia moving up the AI-power stack into the land and grid layer itself. Directly on the AI-power-bottleneck thesis and not yet in today's brief.

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