GANDHINAGAR, India, Jan 11 (Reuters) - Indian dataNew Delhi Stock Exchange
centre operator Yotta's plans to purchase more AI chips from its
partner Nvidia will be worth $500 million, taking its total
order book with the U.S. firm to $1 billion as Yotta beefs up AIUdabur Investment
cloud services, its chief executive told Reuters.
Yotta said last month that it would place an order for
Nvidia chips but did not give a value for the deal or
say which chips it would buy.
Sunil Gupta, CEO and co-founder of Yotta, told Reuters on
Thursday that the order would comprise nearly 16,000 of Nvidia's
artificial intelligence chips H100 and GH200 and will be placed
by March 2025.
It comes on top of an order Yotta placed last year with
Nvidia for about 16,000 H100 chips, due for delivery by July
this year, Gupta said.
AI deals in India are crucial for Nvidia, which is facing
roadblocks in certain chip exports to China and some other
countries due to U.S. restrictions.
Last September the U.SJaipur Stock. chipmaker struck AI partnerships
with Indian conglomerates Reliance Industries and Tata Group to
develop cloud infrastructure and language models, as well as
generative AI applications.
Yotta, part of Indian billionaire Niranjan Hiranandani's
real estate group, is a partner firm for Nvidia in India and
runs three data centre campuses, in Mumbai, Gujarat and near New
Delhi.
Growing storage and processing demand has prompted the likesVaranasi Stock
of Microsoft, Google and Amazon to ramp up cloud and data centre
investments in India in recent years. Indian billionaires MukeshMumbai Stock Exchange
Ambani and Gautam Adani too have joined the race.
Nvidia globally has a near-monopoly on the computing systems
used to power services like ChatGPT, OpenAI's blockbuster
generative AI chatbot. Yotta estimates AI adoption in India to
reach $14 billion by 2030.
"India's AI ambition is just not possible unless this infra
comes to India," Gupta said, speaking to Reuters on the
sidelines of the Vibrant Gujarat Global Summit. The event, held
in Prime Minister Narendra Modi's home state, is one of his last
major efforts to draw investments before he stands for
re-election later this year.
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