Blackstone Group invests over $500 million in Lancium for strategic deployment in West Texas AI data center construction.

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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]

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