Digital Connexion to Invest $11 Billion in Andhra Pradesh for AI Data Centres
PositiveArtificial Intelligence
- Digital Connexion has signed a memorandum of understanding with the Andhra Pradesh economic development board to invest $11 billion in the establishment of AI data centres across 400 acres in the state. This significant investment marks a major step in enhancing the region's technological infrastructure and capabilities.
- The investment is expected to bolster Digital Connexion's position in the AI sector, providing the company with a strategic foothold in India, which is rapidly becoming a hub for data and AI technologies. This move aligns with the company's goals to expand its operations and influence in the growing AI market.
- This development reflects a broader trend in India, where significant investments in technology and infrastructure are being made to address the growing demand for data storage and processing capabilities. As India generates a substantial portion of global data but has limited local storage, initiatives like this are crucial for bridging the gap and fostering a robust digital economy.
— via World Pulse Now AI Editorial System