(Reuters) -India’s Adani Group plans to take a position as much as $5 billion in Alphabet-owned Google’s India AI information centre undertaking, an govt mentioned on Friday, because it seeks to money in on booming demand for information capability on this planet’s most populous nation.
In October, Google mentioned it might make investments $15 billion over 5 years to arrange a man-made intelligence information centre within the southern state of Andhra Pradesh, its greatest funding in India.
AI requires monumental computing energy, pushing demand for specialised information centres that allow 1000’s of chips to be linked in clusters.
Adani Group CFO Jugeshinder Singh mentioned the Google undertaking may imply an funding of as much as $5 billion for Adani Connex – a three way partnership between Adani Enterprises and personal information centre operator EdgeConneX.
“It is not simply Google, there are numerous events that wish to work with us, particularly when the information centre capability goes to gigawatt and better,” Singh advised reporters on Friday.
Google has dedicated to spending about $85 billion this 12 months to increase information centre capability as tech corporations make investments closely in infrastructure to satisfy the booming demand for AI companies.
Indian billionaires Gautam Adani and Mukesh Ambani have additionally unveiled investments in constructing information centre capability.
The info centre campus within the port metropolis of Visakhapatnam could have an preliminary energy capability of 1 gigawatt.
($1 = 89.3660 Indian rupees)
(Reporting by Harshita Meenaktshi and Dhwani Pandya; Enhancing by Kevin Liffey)
(Reuters) -India’s Adani Group plans to take a position as much as $5 billion in Alphabet-owned Google’s India AI information centre undertaking, an govt mentioned on Friday, because it seeks to money in on booming demand for information capability on this planet’s most populous nation.
In October, Google mentioned it might make investments $15 billion over 5 years to arrange a man-made intelligence information centre within the southern state of Andhra Pradesh, its greatest funding in India.
AI requires monumental computing energy, pushing demand for specialised information centres that allow 1000’s of chips to be linked in clusters.
Adani Group CFO Jugeshinder Singh mentioned the Google undertaking may imply an funding of as much as $5 billion for Adani Connex – a three way partnership between Adani Enterprises and personal information centre operator EdgeConneX.
“It is not simply Google, there are numerous events that wish to work with us, particularly when the information centre capability goes to gigawatt and better,” Singh advised reporters on Friday.
Google has dedicated to spending about $85 billion this 12 months to increase information centre capability as tech corporations make investments closely in infrastructure to satisfy the booming demand for AI companies.
Indian billionaires Gautam Adani and Mukesh Ambani have additionally unveiled investments in constructing information centre capability.
The info centre campus within the port metropolis of Visakhapatnam could have an preliminary energy capability of 1 gigawatt.
($1 = 89.3660 Indian rupees)
(Reporting by Harshita Meenaktshi and Dhwani Pandya; Enhancing by Kevin Liffey)
