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Home / Business and Economy / Reliance JV Pledges $11B for AI Hub in India

Reliance JV Pledges $11B for AI Hub in India

26 Nov

•

Summary

  • Digital Connexion commits $11 billion over five years.
  • A one-gigawatt AI data centre will be built in Visakhapatnam.
  • An MoU was signed with the Andhra Pradesh Economic Development Board.
Reliance JV Pledges $11B for AI Hub in India

Digital Connexion, a joint venture formed by Brookfield, Reliance Industries, and Digital Realty, has unveiled plans for a substantial $11 billion investment in Andhra Pradesh. This initiative aims to develop a state-of-the-art, one-gigawatt AI data centre, marking a significant step in bolstering India's digital infrastructure.

The investment is slated to occur over the next five years, with the ambitious project expected to be completed by 2030. The chosen location for this cutting-edge facility is Visakhapatnam, a key city in Andhra Pradesh, poised to become a hub for artificial intelligence development.

A formal Memorandum of Understanding has been signed between Digital Connexion and the Andhra Pradesh Economic Development Board. This agreement solidifies the partnership and outlines the collaborative framework for this transformative project, expected to drive significant economic growth and technological advancement in the state.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Digital Connexion is investing $11 billion to build a one-gigawatt AI data centre in Visakhapatnam.
The AI data centre is planned to be completed by 2030, with the investment spread over the next five years.
Digital Connexion is a joint venture between Brookfield, Reliance Industries, and Digital Realty.

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