Nvidia partners with data center developer Cloverleaf
Nvidia has announced a partnership with Cloverleaf Infrastructure to support the development of AI-focused data centers. Cloverleaf acts as an intermediary between utility companies and data centers, providing essential infrastructure such as power sources for site development. The Wall Street Journal reports that Nvidia's investment in Cloverleaf is expected to reach several hundred million dollars, giving it a minority stake in the company. This partnership aligns with Nvidia’s broader strategy of using its profits from AI demand to directly fund and develop data centers that rely on its technology. This move follows another recent announcement where Nvidia invested $1.5 billion into SB Energy for an OpenAI-linked project in Ohio, further solidifying its role as a key player in the infrastructure supporting large-scale AI operations.
Tickers: $NVDA
Topics: AI data centers Nvidia OpenAI