Tuesday, January 16th 2024

Indian Client Purchases Additional $500 Million Batch of NVIDIA AI GPUs

Indian data center operator Yotta is reportedly set to spend big with another placed with NVIDIA—a recent Reuters article outlines a $500 million purchase of Team Green AI GPUs. Yotta is in the process of upgrading its AI Cloud infrastructure, and their total tally for this endeavor (involving Hopper and newer Grace Hopper models) is likely to hit $1 billion. An official company statement from December confirmed the existence of an extra procurement of GPUs, but they did not provide any details regarding budget or hardware choices at that point in time. Reuters contacted Sunil Gupta, Yotta's CEO, last week for a comment on the situation. The co-founder elaborated: "that the order would comprise nearly 16,000 of NVIDIA's artificial intelligence chips H100 and GH200 and will be placed by March 2025."

Team Green is ramping up its embrace of the Indian data center market, as US sanctions have made it difficult to conduct business with enterprise customers in nearby Chinese territories. Reuters state that Gupta's firm (Yotta) is: "part of Indian billionaire Niranjan Hiranandani's real estate group, (in turn) a partner firm for NVIDIA in India and runs three data centre campuses, in Mumbai, Gujarat and near New Delhi." Microsoft, Google and Amazon are investing heavily in cloud and data centers situated in India. Shankar Trivedi, an NVIDIA executive, recently attended Vibrant Gujarat Global Summit—the article's reporter conducted a brief interview with him. Trivedi stated that Yotta is targeting a March 2024 start for a new NVIDIA-powered AI data center located in the region's tech hub: Gujarat International Finance Tec-City.
Sources: Tom's Hardware, Reuters
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4 Comments on Indian Client Purchases Additional $500 Million Batch of NVIDIA AI GPUs

#1
A&P211
Nvidia stock are up on these news.
Posted on Reply
#2
ErikG
Scam call centers investment. :laugh:
Posted on Reply
#3
R0H1T
Right, as opposed to "precision" guided missiles :rolleyes:
Posted on Reply
#4
A&P211
R0H1TRight, as opposed to "precision" guided missiles :rolleyes:
Those missiles keeps my sisters kids feed. She works for a weapons supplier.
Posted on Reply
May 21st, 2024 16:14 EDT change timezone

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