Adani Group Plans $100B AI Data Center Investment

- The investment will be executed through AdaniConneX, a joint venture with the U.S.-based data center operator EdgeConneX, and aims to expand its data center network from an existing 2 GW to 5 GW of capacity. - Power for the data centers is slated to come from Adani Green Energy's 30 GW Khavda hybrid wind and solar project in Gujarat, of which more than 10 GW is already operational. - This initiative is underpinned by strategic partnerships with global tech giants, including the development of a gigawatt-scale AI data center campus with Google in Visakhapatnam and collaborations with Microsoft on campuses in Hyderabad and Pune. - The plan represents a significant scaling of India's data infrastructure, where total national capacity stood at 950 MW in 2024 and was projected to reach approximately 2 GW by 2026 before this announcement. - Chairman Gautam Adani stated the goal is to build a "five-layer AI stack," a strategy to vertically integrate the company's renewable power generation and transmission with the data centers' hyperscale compute architecture. - To support this ecosystem, the group plans to co-invest in the domestic manufacturing of critical infrastructure components like high-capacity transformers and advanced power electronics. - The initiative also includes collaborations with academic institutions to create specialized AI Infrastructure Engineering curricula and research labs to address the technical skills gap in the region.