GTC is Nvidia's flagship annual event, where the chipmaker typically announces new products, partnerships, and its vision for the future of computing. Huang's keynote will focus on Nvidia's role in the future of computing and AI.

The multi-year deal involves at least a gigawatt of compute power and also includes a strategic investment from Nvidia.

Startup Hyperscale Power is developing technology that promises to shrink power transformers, freeing up precious space within data centers.