Nvidia has invested in Blackstone-backed Lancium to expand AI data center capacity.

Nvidia Corp. (NVDA) has made a strategic investment in Lancium, a Blackstone Inc. (BX) portfolio company backed by funds managed by Blackstone Energy Transition Partners and Blackstone Multi-Asset Investing. Under the partnership, Nvidia will deploy its technology across Lancium’s expanding network of AI factory campuses.

The agreement positions Lancium’s campuses as deployment sites for Nvidia’s full-stack AI factory platform, covering accelerated computing, networking, and software. The portfolio currently includes 4 gigawatts of leased capacity, with Lancium holding more than 15 gigawatts of powered land in its development pipeline. The arrangement will also provide Nvidia customers and partners access to large-scale, power-ready capacity tailored for demanding AI workloads. To accelerate deployments, both companies will leverage Nvidia DSX reference designs aimed at improving performance per megawatt, time to first token, revenue potential, and cost per token. Lancium plans to utilize DSX MaxLPS to accommodate up to 40% more GPUs within the same power budget, while DSX Flex will enable AI factory power consumption to dynamically adjust with the grid.

“We have spent years building the power, land and infrastructure expertise required to deliver AI data center capacity at scale,” said Michael McNamara, CEO and co-founder of Lancium. He added that the Nvidia partnership will allow Lancium’s campuses to use advanced technology while providing Nvidia customers with access to the capacity they need. Nico Caprez, vice president of global AI infrastructure growth at Nvidia, noted that the collaboration will support a new generation of gigawatt-scale, power-ready AI factories, enabling cloud partners, AI natives, and AI infrastructure developers to deploy Nvidia’s full computing stack faster and operate more efficiently. Blackstone senior managing director Bilal Khan observed that the deal underscores Lancium’s position at the intersection of energy and AI infrastructure, describing both sectors as two of Blackstone’s highest-conviction investment themes.

Headquartered in The Woodlands, Texas, Lancium designs, develops, and operates gigawatt-scale AI data center campuses. In equity markets, NVDA shares closed Monday’s regular session nearly 2.9% lower, edging another 0.04% lower in after-hours trading at the time of writing. On Stocktwits, retail sentiment for NVDA remained ‘bearish,’ unchanged over the past 24 hours, while message volume was rated ‘normal.’ Year-to-date, NVDA stock has gained nearly 12%.