Nvidia partners with data center developer Cloverleaf
TechCrunch Lucas Ropek ● Covered by 7 sources
Nvidia cut a deal with Cloverleaf Infrastructure, a data center prep company. It’s backing the buildout that buys Nvidia’s own AI gear.
Based on reporting by TechCrunch, Lucas Ropek — read the original for the full story.
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Nvidia is putting more of its profits back into the AI boom that made those profits possible. On Friday, the chipmaker announced a partnership with Cloverleaf Infrastructure, a company that builds the groundwork for data centers rather than the data centers themselves.
Cloverleaf is a new player. It was founded in 2024 and raised $300 million that same year. Its role is to sit between utility companies and data centers, lining up power sources and other infrastructure needed to get sites ready.
The companies didn’t say what the deal is worth. But the Wall Street Journal reported that Nvidia’s investment in Cloverleaf will likely amount to several hundred million dollars, and Reuters said Nvidia now holds a minority stake in the company.
The move fits a pattern that’s become hard to miss: Nvidia is no longer just selling the picks and shovels for the AI rush. It’s helping finance the mine, too. Earlier this week, the company said it would invest $1.5 billion in SB Energy, an OpenAI-linked data center project in Ohio.
My take — AI-written commentary, not fact-checked reporting
This is Nvidia doing industrial policy the Silicon Valley way: if the world needs more AI data centers, Nvidia will help pay for them, then sell them the chips. Clever, sure, but also a neat reminder that “the market” often looks a lot like the biggest winner reinvesting to keep the race tilted its way.
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