India’s AI race won’t be won by better chips. It’ll be won by better power.

As the global race for artificial intelligence (AI) accelerates, one thesis stands out: the AI race will be won not just by algorithms or chips, but by the power grid that sustains them. That shift is reshaping the global economy, international security, foreign policy, digital governance, and industrial regulation.

Every nation-state in this great-tech game is searching for a decisive advantage in this geo-technological landscape. Those at the cutting edge of AI research and development have been highlighting that the ability to sustainably deliver clean, reliable, and abundant electricity to data centres and chip fabs—the new factories of the 21st century—will be the decisive advantage.