Mexico City: Nvidia has denied claims by the governor of Nuevo Leon that the company would invest one billion dollars to build a major artificial intelligence data center in northern Mexico. The announcement was made by Governor Samuel Garcia in a video where he said the state had secured the project and that the company already had land for construction.

Shortly after the announcement drew wide attention, Nvidia issued a statement saying it had no financial investment plans in Nuevo Leon. The company said its activities in Latin America are focused only on cooperation with universities, research programs and talent development. It added that it is not currently planning to build or fund any data center in the region.

The discrepancy has raised questions about the nature of the meeting the governor held with individuals he described as representatives of Nvidia. The company did not confirm who these people were or whether any formal agreement had been discussed.

Following Nvidia’s denial, local media reported that the planned investment may actually involve a Mexican company named Cipre Holdings, with Nvidia’s role limited to providing technology rather than capital. The state government has also announced the creation of a new department for foreign investment and innovation, with a separate budget aimed at attracting technology projects.

The situation has drawn public interest because a one billion dollar data center would mark a major step for Mexico in becoming a growing hub for artificial intelligence and cloud infrastructure. However, with Nvidia distancing itself from the investment, the future of the project remains uncertain until clearer details are provided by the government or the companies involved.