The Adani Group logo on the facade of its headquarters on the outskirts of Ahmedabad, India, November 21, 2024.
Amit Dave | Reuters
India’s Adani on Tuesday announced plans to invest $100 billion in developing AI-enabled data centers powered by renewable energy by 2035, aiming to create the world’s largest integrated data center platform.
Adani said this major investment, which comes as India seeks to gain a stronger foothold in the global AI race, is expected to create a $250 billion AI infrastructure ecosystem in India over the next 10 years.
“The world is entering an intelligence revolution more profound than any previous industrial revolution,” Adani Group Chairman Gautam Adani said in a statement.
“India is more than just a consumer in the AI era. We are creators, builders and exporters of intelligence and are proud to be a part of that future,” he added.
shares of Adani EnterprisesThe Adani Group flagship rose 2.5% on the news, making it one of the benchmark’s top gainers. Nifty 50 Stock Index. shares of adani green energy Last time, it rose 1.8%.
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