India's Yotta Data Services Plans $2 Billion AI Hub with Nvidia GPUs and IPO

Summary

Yotta Data Services, a Mumbai-based data center company, is planning to build a $2 billion AI hub powered by Nvidia GPUs and is preparing to go public. The company claims to control 60% to 70% of India's GPU capacity, having begun sourcing Nvidia GPUs in 2023. Demand is being driven by both local AI startups and global AI companies expanding their user bases in India. The announcement comes amid a broader wave of data center investment in India from U.S. tech giants. Google has committed $15 bi