Reliance joint venture invests $11 billion in AI centre
pre-market1 source ↓written by the desknot a recommendation
- to establish
- $11 billion
- data centre
- $15 billion
A joint venture involving Reliance Industries, Brookefield, and Digital Realty will invest $11 billion to establish a one-gigawatt AI data centre in Visakhapatnam, Andhra Pradesh. This five-year project aims to enhance digital infrastructure and create jobs, as highlighted by Andhra Pradesh's Chief Minister.
The investment follows Google's announcement of a $15 billion data centre in the same region, indicating a growing trend in tech investments in southeastern India. 📈
Not investment advice. For informational purposes only.