Nvidia has taken a minority stake in Cloverleaf Infrastructure, a startup that prepares land and power for data center construction, as the chipmaker keeps spending its profits to keep the AI buildout moving.
Terms were not disclosed. Press reports fill in the blanks: the Wall Street Journal estimates Nvidia’s outlay at several hundred million dollars, and Reuters describes the new position as a minority stake.
Cloverleaf started in 2024 and collected $300M in its first year. Its business is preparing sites so data centers can be built: securing power agreements, substations and grid connections before ground breaks. With AI campuses demanding gigawatts and grid queues stretching for years, that early-stage work is in hot demand.
The deal is part of Nvidia’s broader push to bankroll the ecosystem that consumes its chips. The company has been investing directly in data center developers and energy projects, effectively using its enormous cash flow to remove bottlenecks that could otherwise slow demand for its processors.
Cloverleaf’s model tackles one of the industry’s hardest problems: sites that have permits and land but no way to plug into the grid quickly. By securing power capacity early, the startup shortens the path from groundbreaking to a running data center.
For Nvidia, the payoff is more AI infrastructure online faster, which in turn means more orders for its hardware.
