Nvidia is doing everything it can to continue to drive the AI enhancements that have underpinned its fortunes. The company on Friday announced a partnership with Cloverleaf Infrastructure, a company that builds data center foundations.
Cloverleaf was founded in 2024 and raised $300 million that same year. It acts as a kind of intermediary between the power company and the data center, providing power and other types of critical infrastructure for site development.
The companies did not disclose terms, but the Wall Street Journal reported that Nvidia’s investment in Cloverleaf is likely to be worth hundreds of millions of dollars. The chipmaker currently owns a minority stake in the company, according to Reuters. TechCrunch has reached out to Nvidia for more information.
The deal is part of Nvidia’s continued effort to leverage its massive profits to keep the AI flywheel spinning. Nvidia is increasingly taking a more direct role in funding and developing AI data centers that acquire and refurbish its own AI systems. Earlier this week, the company also announced a $1.5 billion investment in SB Energy, an OpenAI-related data center project based in Ohio.
