Adani Group to Invest $100B in AI Data Centers

- This investment is expected to catalyze an additional $150 billion in related sectors like server manufacturing, electrical infrastructure, and sovereign cloud platforms, creating a projected $250 billion AI infrastructure ecosystem in India over the next decade. - The plan builds upon AdaniConnex's, a joint venture with U.S.-based EdgeConneX, existing 2-gigawatt data center platform, with a goal to expand it to 5 gigawatts. - Key partnerships are already in place with major tech companies, including a collaboration with Google for a gigawatt-scale AI data center campus in Visakhapatnam and projects with Microsoft in Hyderabad and Pune. - To power these data centers, Adani Green Energy will utilize its 30-gigawatt renewable energy project in Khavda, Gujarat, of which more than 10 gigawatts are already operational. - A significant portion of the GPU capacity within the new data centers will be allocated to Indian AI startups, research institutions, and deep-tech entrepreneurs to address domestic compute shortages. - This move is part of a larger trend in India's data center market, which is projected to grow from 0.9 GW in 2023 to about 2 GW by 2026, driven by increased digitization and data localization policies. - The Adani Group also plans to invest an additional $55 billion to expand its renewable energy portfolio, which will include one of the world's largest battery energy storage systems. - The initiative is designed to sidestep global power shortages and supply chain delays that are slowing data center growth in other regions by integrating renewable energy generation, transmission, and AI compute into a single, cohesive system.