Adani Pledges $100 Billion to Build AI Data Centers

Adani Group plans to invest $100 billion in data centers and aims to generate 5 gigawatts from renewable energy by 2035.

Indian billionaire Gautam Adani’s conglomerate announced a large investment plan to build data centers as part of a broader push into artificial intelligence infrastructure. The group says it will invest $100 billion and aims for a data-center platform that generates 5 gigawatts from renewable energy by 2035. The pledge is reported as arriving as India prepares to host a global tech summit where top AI figures and heads of state are expected. The article mentions a short-term market reaction and related AI partnerships among Indian IT firms. Key details: - The article mentions Adani Group plans to invest $100 billion in data centers. - The article reports the group aims to generate 5 gigawatts from renewable energy for the platform by 2035. - The article notes Adani Group spans energy, mining, transportation and infrastructure. - The article mentions shares in Adani Enterprises rose about 2.6% in Mumbai after the announcement. - The article reports India will host a global tech summit where figures such as OpenAI’s CEO Sam Altman and Anthropic’s Dario Amodei are expected, and that Infosys unveiled an AI partnership with Anthropic. Summary: The announcement places Adani Group among private investors expanding large-scale AI infrastructure and aligns with India’s effort to promote lower-cost AI tools for local problems. The immediate next event is the global tech summit in New Delhi, which Prime Minister Narendra Modi is scheduled to inaugurate on Thursday.