Adani Plans to Invest $100 Billion in AI-Ready Data Centers
Adani Group plans to invest $100 billion by 2035 to develop green-powered, AI-ready data centers as billionaire Gautam Adani seeks to capitalize on India’s bid to emerge as a hub for artificial intelligence and cloud computing.
The investment will likely “catalyse” an additional $150 billion investment across server manufacturing, advanced electrical infrastructure and related sectors over the next decade, flagship Adani Enterprises Ltd. said in a filing Tuesday. The company’s shares closed 2.7% higher in Mumbai.