Adani pledges USD100b to develop Indian AI data centres
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The news: The Adani Group plans to invest USD100 billion ($141.97 billion) to develop renewable energy powered, AI-ready data centres by 2035 in attempts to create the world’s largest integrated data centre platform.
The numbers: Adani said that the investment is expected to incentivise an additional USD150 billion in spending across server manufacturing, advanced electrical infrastructure, sovereign cloud platforms and supporting industries.
It projects the investment will create a USD250 billion AI infrastructure ecosystem in India over the decade.
The commitment is designed to expand on AdaniConnex’s existing 2 gigawatt (GW) national data centre, growing toward a 5GW target.
The context: Adani Group chairman Gautam Adani said that the world is entering an “intelligence revolution” and “Nations that master the symmetry between energy and compute will shape the next decade. India is uniquely positioned to lead.”
The announcement coincides with India’s AI Impact Summit which got underway on Monday and has seen tech executives and leaders from the world’s biggest AI companies including OpenAI, Nvidia, Anthropic, Microsoft and Google descend on New Delhi.
“India will not be a mere consumer in the AI age. We will be the creators, the builders and the exporters of intelligence and we are proud to be able to participate in that future”, Adani continued.
The sources: Adani Group, CNBC, Bloomberg
