Reliance Venture to Build $11 Billion AI Data Center in India

Singapore state investor Temasek Holdings Pte is reportedly in advanced discussions to acquire approximately a 5% stake in Quest Global Services Pte, valuing the engineering services company at $4.6 billion ahead of its anticipated IPO in India.

Adani Group, led by billionaire Gautam Adani, plans to invest up to $5 billion in Google's new AI infrastructure hub in southern India, as confirmed by CFO Jugeshinder Singh. This investment highlights the increasing interest and financial commitment in the rapidly expanding data center sector.

Indian companies are increasingly adopting artificial intelligence (AI) for compliance verification in the gig economy, finding it more efficient than traditional background checks for entry-level staff. This shift reflects a broader trend towards integrating AI into operational processes to enhance efficiency and reduce costs.

Data governance has emerged as a critical focus in India as artificial intelligence (AI) becomes essential for various deployments across sectors. This shift highlights the need for structured data management to ensure effective AI utilization, which is increasingly recognized as a key imperative for organizations aiming to leverage AI technologies.

Digital Realty Trust Inc. and a consortium led by Equinix Inc. are reportedly competing in the next round of bidding for atNorth Holding AB, a pan-Nordic data center operator currently owned by Partners Group. This development highlights the growing interest in data center operations in the Nordic region, which is known for its favorable conditions for data storage and processing.

Digital Connexion, a joint venture between Reliance Industries Ltd., Brookfield Asset Management Ltd., and Digital Realty, has announced plans to invest $11 billion by 2030 to develop a 1 GW data center in Visakhapatnam, India. This initiative aims to enhance the country's data storage capabilities and support the growing demand for AI infrastructure.

MapmyIndia has partnered with Zoho CRM to enhance location intelligence capabilities, aiming to bolster India's technological infrastructure. This collaboration signifies a strategic move towards integrating advanced location-based services within the CRM framework, reflecting a growing trend in the Indian SaaS economy towards comprehensive solutions.

Health Sentinel is an innovative AI pipeline designed for real-time detection of disease outbreaks, utilizing a multi-stage information extraction process that combines machine learning and non-machine learning methods to analyze online articles. This system aids the Media Scanning and Verification Cell at the National Centre for Disease Control in Delhi, India, by providing structured information on health events since its inception in April 2022.