TechThe Information1h ago
Nvidia Invests in Data Center Power Firm, Preps Multibillion-Dollar
Nvidia Invests in Data Center Power Firm, Preps Multibillion-Dollar Perplexity Deal
TL;DRNvidia is buying stakes in power firms to secure data center resources for AI chips.
Why it matters: Securing electricity and real estate access ensures Nvidia can actually deliver on AI demand and maintain competitive advantage.
Nvidia acquired a minority stake in Cloverleaf Infrastructure, its third equity investment in rapid succession in firms that secure real estate and electricity access for data centers in the U.S. The move is part of Nvidia’s race to lock up data center capacity for its full AI…
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