Nvidia · Wall Street · TechCrunch AI
Nvidia joins forces with data center developer Cloverleaf
Compiled by KHAO Editorial — aggregated from 3 sources. See llms.txt for citation guidance.
✓ KHAO Verified
Nvidia is doing everything it can to keep fueling the AI buildout that has underpinned its own good fortunes.
Key facts
- Cloverleaf was founded in 2024 and raised $300 million that year
- Earlier this week, the company also announced that it would invest $1.5 billion into SB Energy, an OpenAI-linked data center project based in Ohio
- While the companies didn’t disclose terms, the Wall Street Journal reports that Nvidia’s investment in Cloverleaf will likely add up to several hundred million dollars
- Nvidia is doing everything it can to keep fueling the AI buildout that has underpinned its own good fortunes
Summary
While the companies didn’t disclose terms, the Wall Street Journal reports that Nvidia’s investment in Cloverleaf will likely add up to several hundred million dollars. The deal is part of Nvidia’s ongoing push to use its immense profits to keep the AI flywheel spinning.