India's Adani to invest $100 billion in AI-ready data centres by 2035
Yahoo Finance·2026-02-17 07:07

Group 1 - Adani Enterprises plans to invest $100 billion to develop renewable energy-powered AI-ready data centres by 2035, aiming to create the world's largest integrated data centre platform and position India as a leader in the global AI sector [1][2] - This investment is projected to generate an additional $150 billion in spending over the next decade across various related industries, including sovereign cloud platforms and server manufacturing [1] - The overall investment will contribute to a $250 billion AI infrastructure ecosystem in India over the next ten years [2] Group 2 - Google announced a $15 billion investment over five years to establish an AI data centre in Andhra Pradesh, which could lead to an investment of up to $5 billion for Adani Connex, a joint venture between Adani Enterprises and EdgeConneX [3] - Adani Enterprises is also in talks with other major players to set up large-scale campuses across India, although specific details have not been disclosed [3] - Following these announcements, shares of Adani Enterprises increased by 2.4%, making it one of the top gainers on the Nifty 50 index [4]

India's Adani to invest $100 billion in AI-ready data centres by 2035 - Reportify