Reliance joint venture to invest $11 billion in AI data center
after close1 source ↓written by the desknot a recommendation
- Realty will invest
- $11 billion
- to establish
- 2030
- and feature
- 400 acres
- capacity
- 1-gigawatt
A joint venture involving Reliance Industries, Brookfield Asset Management, and Digital Realty will invest $11 billion by 2030 to establish a major AI data center in Visakhapatnam, Andhra Pradesh. The campus will cover 400 acres and feature a 1-gigawatt capacity.
This investment highlights the growing demand for data infrastructure, potentially boosting market sentiment in the tech sector. 📈
Not investment advice. For informational purposes only.