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Nvidia Denies $1 Billion Nuevo León Investment as State Cites Private-Led AI Data Center

Officials now say AI-GDC and Cipre Holding plan a 'green' facility using Nvidia technology, with contracts and timelines still not public.

Overview

  • Governor Samuel García initially announced a $1 billion Nvidia-funded 'Green Data Center' and shared a video flanked by purported company representatives.
  • Nvidia told Reuters it has no plans for a financial investment in Nuevo León and said its regional support focuses on cooperation, research and talent programs.
  • Subsequent statements and reports identified AI-GDC and Cipre Holding as the private investors planning the data center that would use Nvidia technology.
  • Authorities described a multi‑year, $1 billion project in San Pedro Garza García, billed as Latin America’s first such facility, without disclosing contracts or a construction schedule.
  • The state announced a new Subsecretaría de Inversión Extranjera, Innovación e Inteligencia Artificial to attract tech projects, as questions persisted about the announcement and who represented Nvidia at the event.