NEW DELHI – Global technology leaders and major corporations have pledged hundreds of billions of dollars toward artificial intelligence development in India following a high level summit in New Delhi this week, signalling a rapid acceleration of AI infrastructure across the developing world.
Executives from leading firms joined political leaders at the India AI Impact Summit, where a series of landmark investment commitments were unveiled spanning data centres, computing hubs and digital ecosystems.
India’s conglomerate Reliance Industries and its telecom subsidiary Jio announced the largest pledge. Chairman Mukesh Ambani said the group will invest 109.8 billion US dollars over the next seven years to build artificial intelligence and data infrastructure across the country.
Another massive commitment came from Adani Group, which plans to spend 100 billion US dollars on renewable energy powered AI data centres by 2035. The company said the move could stimulate an additional 150 billion US dollars in related sectors such as server manufacturing and sovereign cloud platforms, creating a projected 250 billion US dollar AI ecosystem over the coming decade.
United States technology giant Microsoft also set out its ambitions for emerging economies, saying it is on track to invest 50 billion US dollars by 2030 to expand artificial intelligence capabilities across countries in the Global South. The company had already announced 17.5 billion US dollars in AI related investments in India last year.
Local data centre developer Yotta Data Services committed more than 2 billion US dollars to build one of Asia’s largest AI computing hubs using advanced Blackwell Ultra chips from Nvidia.
India’s largest IT services exporter Tata Consultancy Services revealed it has secured OpenAI, the creator of ChatGPT, as the first customer for its new data centre business under the global AI infrastructure programme known as Stargate.
Infrastructure giant Larsen & Toubro also announced plans to partner with Nvidia to build what it describes as India’s largest AI factory, including data centre infrastructure, advanced computing platforms and systems capable of handling large scale AI workloads.
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