India, AI and Adani
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SiliconRepublic.com has put together a list of some of the biggest deals announced at the AI Impact Summit in India.
India’s Adani Group said on Tuesday it will invest $100 billion in the development of renewable energy-powered, AI-ready data centers by 2035. Adani's $250 Billion AI Data Center Vision The investment is part of a broader plan to build the world's largest integrated data center platform.
AdaniConnex, a joint venture between Adani Group and U.S.-based data center operator EdgeConneX, plans to develop a 2-gigawatt of data center capacity which could be expanded to 5 gigawatts.
Jeet Adani highlights energy, compute, and service sovereignty as key to India's AI future, with Adani Group investing $100 billion.
AdaniConneX is the joint venture (JV) between Adani Enterprises and EdgeConneX. First announced in February 2021, the two companies previously targeted delivering 1GW of hyperscale data center capacity throughout India. The JV has projects in Chennai, Noida, Vizag, Hyderabad, Pune, and Mumbai.
As the massive conglomerate faced allegations of market manipulation, two men who had close ties to the Adani family, including appearing as directors in affiliated companies, held billions in Adani stock.
Adani Enterprises said on Tuesday (Feb 17) that the group will invest US$100 billion to build renewable energy-powered AI-ready data centres by 2035, as it seeks to create the world's largest integrated data centre platform and establish India as a leader in the global artificial intelligence race.