Adani Group commits $100 billion investment to develop renewable-energy-powered, hyperscale AI-ready data centers

Adani Group on Tuesday, February 17, announced a direct investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centers by 2035.

The initiative will establish a long-term sovereign energy and compute platform designed to position India as a global leader in the emerging Intelligence Revolution.

The investment is expected to catalyse by 2035 an additional $150 billion across server manufacturing, advanced electrical infrastructure, sovereign cloud platforms and supporting industries. Together, this is projected to create a $250 billion AI infrastructure ecosystem in India over the decade, Adani Enterprises said in a regulatory filing on February 17.

At 1:30 PM, Adani Enterprises share price was trading 2.30% higher at ₹2,235.00 a piece on the BSE.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *