Core Insights - Reliance Industries, in collaboration with Brookfield Asset Management and Digital Realty Trust, plans to invest $11 billion by 2030 to develop an AI-focused data center campus in Visakhapatnam, India [1][2] - The campus will span 400 acres and is expected to have a capacity of one gigawatt (1GW) [2] - Other tech companies, including Google and Amazon, are also making significant investments in AI and cloud infrastructure in India [3][4] Investment Details - The joint venture, named Digital Connexion, has signed a memorandum of understanding with the Andhra Pradesh Economic Development Board for the project [1] - Google plans to invest approximately $15 billion over five years for an AI infrastructure hub in Visakhapatnam, while Amazon aims to invest $12.7 billion in cloud infrastructure by the end of the decade [2][3] - OpenAI is also exploring the development of a 1GW data center in India [3] Strategic Partnerships - Reliance Industries and Google have formed a strategic partnership to enhance AI adoption across India, leveraging Reliance's ecosystem and Google's AI technology [4] - The collaboration will provide broader access to Google's AI hardware accelerators, including Tensor Processing Units (TPUs) [4] - Tata Consultancy Services (TCS) is partnering with TPG to establish a joint venture named HyperVault AI Data Centre, with a combined equity investment of Rs180 billion ($2.03 billion) [5]
Reliance plans $11bn AI data centre in Visakhapatnam, India
Yahoo Finance·2025-11-28 10:40