People familiar with the matter revealed that Nvidia is in in-depth negotiations to invest in Cloverleaf Infrastructure. The deal may be announced as early as Friday morning, and the investment amount is expected to reach hundreds of millions of dollars. Cloverleaf was founded in 2024 and raised $300 million from NGP and Sandbrook Capital. Its main business is to sign power agreements with utility companies to provide data center developers with land with reliable electricity. Over 7 gigawatts of live projects have been sold to developers in the past two years, and currently the pipeline exceeds 10 gigawatts. This move further strengthens Nvidia's layout in the early development stages of data centers, and aims to lock in the computing power capacity required for future chips in advance. Nvidia also took a stake in SoftBank SB Energy this week, and invested $2 billion in Lancium earlier this year.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.