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Nuevo León’s $1 Billion AI Data Center Will Not Be Funded by Nvidia

State officials now say AI-GDC and Cipre Holding will finance the facility using Nvidia hardware, underscoring the difference between technology suppliers and project investors.

Overview

  • Governor Samuel García initially announced a $1 billion Nvidia investment, but the company later said it has no plans for financial investment in Nuevo León and is focused on cooperation, research and talent development.
  • Nuevo León’s government clarified the project will be led and funded by AI-GDC and Cipre Holding and will deploy Nvidia technology, with San Pedro Garza García identified as the planned site.
  • Officials presented the initiative as Mexico’s first green AI-ready data center, with reporting that the initial $1 billion would be invested over the next 10 years.
  • Key details such as binding contracts, construction start dates and a definitive timeline have not been disclosed and remain in development.
  • To court similar projects, the state announced a new Subsecretariat for Foreign Investment, Innovation and Artificial Intelligence after the announcement prompted public confusion and subsequent corrections.