Adani bets big on AI data centres, to invest $100bn

MUMBAI: Adani Group will invest $100 billion to build renewable energy-powered AI-ready data centres by 2035 as the ports-to-power conglomerate seeks to cash in on India’s attempt to pitch itself as the hub of AI infrastructure. The investment is expected to “catalyse” an additional $150 billion investment across server manufacturing, advanced electrical infrastructure and related sectors, potentially fueling a $250 billion AI infrastructure ecosystem in India over the decade, flagship Adani Enterprises said in a statement on Tuesday.

From Google to Amazon and Reliance Industries, deep-pocketed business giants from across the world have pledged several billion dollars of investments to set up data centres in India, fueled by rapid adoption of AI by enterprises, lower costs (of building data centres compared to other places) and data localisation norms mandated by the govt.