Adani Group Pledges $100B for Green AI Data Centers
The Adani Group, a diversified conglomerate, has announced plans to invest $100 billion by 2035 in artificial intelligence data center infrastructure. The company specified that these data centers will be powered by renewable energy. The investment is expected to catalyze an additional $150 billion in related infrastructure spending.
- This investment is part of a larger strategy to build a 5-gigawatt data center platform through AdaniConnex, a joint venture with US-based operator EdgeConneX. - The data centers will be powered by Adani Green Energy's Khavda renewable energy project in Gujarat, which is set to be the world's largest, with a planned capacity of 30 GW. - Adani is already collaborating with major tech companies, including developing a gigawatt-scale AI data center campus with Google in Visakhapatnam and other projects with Microsoft in Hyderabad and Pune. - This initiative is set against the backdrop of India's booming data center market, which is projected to more than double its capacity from roughly 0.9 GW in 2023 to 2 GW by 2026. - A portion of the new GPU capacity will be reserved for Indian AI startups and researchers to foster the domestic tech ecosystem. - The plan includes co-investing in domestic manufacturing of critical data center components like transformers and power electronics to reduce reliance on global supply chains. - The Adani Group, led by billionaire Gautam Adani, is a massive conglomerate with major holdings in ports, power generation, and airports, making it India's largest private airport operator. - This move is part of a broader push for "technological sovereignty," aiming to make India a creator and exporter of AI, not just a consumer.
