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Adani Bets Big on AI: $100 Billion Data Center Push
17 Feb
Summary
- Adani Group plans a massive $100 billion investment in data centers.
- The conglomerate aims to generate 5 gigawatts from renewable energy by 2035.
- India seeks to lead in developing affordable AI tools for local issues.
Indian industrialist Gautam Adani has announced a substantial investment of $100 billion towards establishing data centers, marking a significant entry into the burgeoning artificial intelligence sector. The Adani Group, with its diverse interests spanning energy, mining, transportation, and infrastructure, intends to develop a data-center platform capable of generating 5 gigawatts of power from renewable sources by the year 2035. This strategic move aligns with India's broader technological aspirations.
Meanwhile, India is gearing up to host an international technology summit, signaling its intent to champion the development of affordable AI tools designed to address challenges faced by middle-income countries. The nation aims to present this approach as a viable model for other developing economies. Leading figures from the AI world, including OpenAI's CEO Sam Altman and Anthropic's Dario Amodei, are expected to attend the event inaugurated by Prime Minister Narendra Modi.
Separately, Indian IT services firm Infosys saw its shares rise following the announcement of a new AI partnership with Anthropic, further highlighting the growing momentum in India's technology landscape.
