Nvidia Takes Cloverleaf Stake Worth Hundreds of Millions as AI Data Center Push Deepens
Updated
Updated · TechCrunch · Aug 21
Nvidia Takes Cloverleaf Stake Worth Hundreds of Millions as AI Data Center Push Deepens
3 articles · Updated · TechCrunch · Aug 21
Summary
Nvidia bought a minority stake in Cloverleaf Infrastructure in a deal the Wall Street Journal said could total several hundred million dollars, extending its direct funding of AI data-center buildouts.
Cloverleaf, founded in 2024, works between utilities and data-center developers to secure power and other site infrastructure—critical bottlenecks as AI computing demand accelerates.
The investment fits Nvidia’s strategy of recycling its AI-chip windfall into the facilities that will later buy its systems, tightening its role across the supply chain.
That push already expanded this week with Nvidia’s separate $1.5 billion commitment to SB Energy’s OpenAI-linked Ohio data-center project.