Nvidia partners with data center developer Cloverleaf

In Brief Posted: 3:37 PM PDT · August 21, 2026 Image Credits: Chesnot / Getty Images Lucas Ropek Nvidia partners with data center developer Cloverleaf Nvidia is doing everything it can to keep fueling the AI buildout that has underpinned its own good fortunes. On Friday, it announced a partnership with Cloverleaf Infrastructure, a company that lays the groundwork for data centers. Cloverleaf was founded in 2024 and raised $300 million that year. It acts as a kind of middleman between utility companies and data centers, providing power sources and other kinds of pivotal infrastructure for site development. 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. Reuters reports that the chipmaker now owns a minority stake in the company. TechCrunch reached out to Nvidia for more information. The deal is part of Nvidia’s ongoing push to use its immense profits to keep the AI flywheel spinning. Nvidia is increasingly playing a more direct role in financing and developing the AI data centers that turn around and buy its AI systems. 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. Topics AI , data centers , In Brief , nvidia , OpenAI October 13 – 15 San Francisco In less than 48 hours, your chance to save up to $300 on your tickets will end! REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight. Startups Weekly Startups are the core of TechCrunch, so get our best coverage delivered weekly. StrictlyVC Provides movers and shakers with the info they need to start their day. No newsletters selected. Subscribe By submitting your email, you agree to our Terms and Privacy Notice . Related AI Nvidia just showed that the harness, not the AI model, is now the real hero Julie Bort 3 hours ago AI ChatGPT can now send texts for you with new Apple Messages plug-in Lucas Ropek 1 day ago AI OK, can we actually cool data centers with our pee? Amanda Silberling 1 day ago Latest in AI In Brief Nvidia partners with data center developer Cloverleaf Lucas Ropek 24 minutes ago AI Nvidia just showed that the harness, not the AI model, is now the real hero Julie Bort 3 hours ago Space Starcloud raises $250 million for orbital data centers as launch options dry up Tim Fernholz 9 hours ago