Gautam Adani‘s Adani Group plans to invest up to $5 billion in Alphabet Inc‘s (NASDAQ:GOOGL) upcoming AI infrastructure hub in southern India.
Chief Financial Officer Jugeshinder Singh told Bloomberg that the firm was working on the final investment terms.
The Google is ramping up its India expansion. The plan is to invest $15 billion and build its largest artificial intelligence data center outside the U.S. in Visakhapatnam. The hub will launch with 1 gigawatt of power capacity.
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