Nvidia Takes Major Stake in Italian Energy Company Iren to Expand AI Data Center Power Capacity

Nvidia is taking a major stake in Iren to build out a 5-gigawatt global footprint for its AI factory ambitions, MarketWatch reported. The 5-gigawatt global footprint forms the backbone of Nvidia's AI factory ambitions. The company is building out the capacity as it accelerates development of large-scale artificial intelligence infrastructure.

No further details on the size of the stake or financial terms were disclosed in the report. The announcement comes as Nvidia continues to expand its physical presence in data centers and energy infrastructure worldwide. Iren, an Italy-based company focused on energy and digital infrastructure, will help anchor Nvidia's international expansion.

The partnership aligns with growing demand for dedicated AI computing facilities that require massive power resources. The 5-gigawatt target underscores the scale of Nvidia's ambitions in the AI sector. Such capacity would rank among the largest dedicated AI power footprints globally if realized.