Reliance unveils $110B AI investment plan as India ramps up tech ambitions
Reliance has begun building multi-gigawatt AI data centers in Jamnagar, with more than 120 MW of capacity expected to come online in 2026.
ai data centers
Adani pledges $100B to build AI data centers as India seeks bigger role in the global AI race
Adani’s plan targets up to 5 gigawatts of capacity, with data centers planned alongside partnerships with Google, Microsoft, and Flipkart.
As AI data centers hit power limits, Peak XV backs Indian startup C2i to fix the bottleneck
C2i has raised $15 million as it tests a grid-to-GPU approach to reducing power losses in AI data centers.
Sam Altman says OpenAI has $20B ARR and about $1.4 trillion in data center commitments
Altman named a long list of upcoming business he thinks will generate significant revenue.
What’s behind the massive AI data center headlines?
This week on Equity, Anthony Ha and Max Zeff go beyond the headlines to break down what’s really going on in these AI infrastructure deals.
Vast Data in talks with Alphabet’s CapitalG, Nvidia to fund round at up to $30B valuation
The round could make the AI data storage company one of the most valuable in the world.
Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure – like data centers and servers.
“We currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $66-72 billion…up approximately $30 billion year-over-year at the midpoint,” Meta said.
Trump’s AI strategy trades guardrails for growth in race against China
The Trump administration published its much-anticipated AI Action Plan Wednesday, signaling a sharp shift away from former President Biden’s cautious approach to addressing the risks of AI, and toward a focus on speed, sovereignty, national security, and competing with China.