STL to invest $100 mn in US to strengthen manufacturing capacity for AI data center solutions
NEW DELHI: Homegrown Sterlite Technologies (STL) on Wednesday said it will invest up to $100 million to strengthen its manufacturing capacity for artificial intelligence (AI) data centers and telecom customers.
STL said it will deliver connectivity solutions, including terminal optical fiber cable (OFC) in the US, adding that the investment would create 400-500 jobs.
The Pune-headquartered vendor said it has agreements with major customers in the US to fulfill their high-speed optical connectivity and data center requirements utilising its proprietary high-capacity cables, including Celesta 6912 fiber.
