Nvidia to Invest Up to $3 Billion in Lancium, the Power Company Behind Stargate
Nvidia plans up to $3B investment in Lancium, the Blackstone-backed power firm behind the Stargate AI data center project, valuing it at $10B.
Nvidia plans up to $3B investment in Lancium, the Blackstone-backed power firm behind the Stargate AI data center project, valuing it at $10B.
58% premium, go-shop period, expected close 2026-2027.
Strong results matched but did not beat Bimzelx, triggering sell-the-news.
Jazz Pharmaceuticals acquires Actio Biosciences for up to $1.32 billion, adding experimental drug ABS-1230 for rare KCNT1 epilepsy with no approved treatments.
GameStop CEO Ryan Cohen may withdraw the $56 billion eBay takeover bid and pursue a partnership instead, using its 1,600 U.S. stores for collectibles.
Intel cashes in on its stock rally with a $15 billion share sale aimed at boosting production capacity for surging AI demand.