Powering the chips: Why Adani, Reliance are building a $125 bn moat around AI

Mumbai: The Adani Group’s $100 billion investment commitment to an artificial intelligence (AI) ready data centre and power ecosystem—along with investment commitments of other Indian conglomerates like Reliance Industries, Tata Group and Larsen & Toubro—is taking a leaf out of the $500 billion Project Stargate playbook of the US.

The ecosystem not only gives Indian conglomerates a cost advantage but also better control over the operationalization of their multi-gigawatt data centres, experts said.

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