Nvidia partners with data center developer Cloverleaf, expanding AI infrastructure push
Nvidia announced a partnership with Cloverleaf Infrastructure, acquiring a minority stake in the data center development company. The investment could total several hundred million dollars, according to reports.
Nvidia is stepping up its efforts to fuel the artificial intelligence boom that has driven its own growth. On Friday, the company announced a collaboration with Cloverleaf Infrastructure, a firm that prepares the groundwork for data center projects.
Cloverleaf was founded in 2024 and raised $300 million in the same year. It acts as an intermediary between utility companies and data centers, providing power sources and other critical infrastructure for site development.
While the financial terms of the deal were not disclosed, The Wall Street Journal reported that Nvidia's investment in Cloverleaf is likely to reach several hundred million dollars. Reuters added that the chipmaker now holds a minority stake in the company. TechCrunch has reached out to Nvidia for more details.
The agreement is part of Nvidia's broader strategy to channel its substantial profits back into the AI ecosystem. The company is increasingly taking a direct role in financing and developing AI data centers, which in turn purchase its AI systems. Earlier this week, Nvidia also announced a $1.5 billion investment in SB Energy, an OpenAI-linked data center project based in Ohio.
