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Blackstone Group invests over $500 million in Lancium for strategic deployment in West Texas AI data center construction.
CoinVoice has recently learned that, according to Bloomberg, informed sources revealed that Blackstone Inc. has recently completed a strategic investment of over $500 million in Lancium Inc.
Lancium plans to build five data centers in the wind and solar-rich areas of western Texas, with a total capacity of over 5 gigawatts, expected to be operational by 2028. The project aims to meet the energy needs of the surging AI applications, including plans for on-site solar power generation and energy storage facilities. [Original link]