The big AI conference got off to a brisk start with news of some important funding packages.
conferenceWhich will run from 16-20 February in New Delhi. Indian Prime Minister Narendra Modi described the event as the first major international AI conference in the Global South.
Among those attracting attention was the Indian Adani Group group promised 100 billion dollars Towards increasing environmentally sustainable data center capacity in the country by 2035.
Adani said it expects this investment to generate an additional $150 billion in server manufacturing, advanced power infrastructure, sovereign cloud platforms and supporting industries, creating a $250 billion infrastructure ecosystem.
The company’s specific goal is to expand from its current 2-GW plan toward a 5-gigawatt (GW) data center goal, with the roadmap already in place by partnerships with Google and Microsoft. Should it be successful, the 5GW deployment would be the world’s largest integrated data center platform.
Adani is working with Google to set up the country’s largest GW-scale AI data center campus in Visakhapatnam, as well as additional campuses in Noida, and with Microsoft on facilities in Hyderabad and Pune.
The company said it is also in discussions with “other key players” to set up large-scale centres.
“The world is entering a deeper intelligence revolution than any previous industrial revolution,” Adani Chairman Gautam Adani said in a statement. “India will not be just a consumer in the AI age. We will be a creator, producer and exporter of intelligence, and we are proud to be able to participate in that future.”
Also in the news was Mumbai-based Neysa, which confirmed that US private equity firm Blackstone is leading a group of investors that has agreed to provide $600 million funding to the AI infrastructure startup. Neysa also aims to raise an additional $600 million in debt financing.
Formed in 2023, the company is one of the growing number of global neocloud vendor Which provides purpose-built GPU-based AI infrastructure, but with a specific focus on deployment and operations in India.
It plans to scale up to more than 20,000 GPUs in the country to enable enterprises and institutions to expand AI workloads, and claims to already have customers across various industries, including healthcare, financial services and public services.
“We want to provide performance certainty and data assurance, enabling enterprises, hyperscalers and global AI labs to deploy and scale trusted AI infrastructure in India,” Sharad Sanghi, co-founder and CEO of Necess, said in a statement.
This was also confirmed in the summit a new partnership Between Bengaluru-based technology services company Infosys and generative AI vendor Anthropic.
the alliance will see Anthropic’s cloud model and cloud code agent Used in the Infosys Topaz platform, the focus is on building AI agents that can work in industries including telecommunications, financial services, manufacturing and engineering, as well as software development.
There is mutual benefit from cooperation. For Infosys, one of the world’s largest IT services providers, access to cloud code should calm recent fears about what AI automation could mean for Indian IT companies, which have seen their share values fall significantly.
For Anthropic, which recently opened its first office in India Based in Bengaluru, the deal provides a route into the highly regulated enterprise zones in India.
