New Delhi is emerging as a global AI powerhouse, with tech titans from Microsoft to Nvidia announcing massive investments in the country. At a landmark AI summit, industry leaders unveiled plans to pour hundreds of billions into AI projects tailored for India.
The announcements came amid a high-stakes global race to dominate artificial intelligence. Amazon, Microsoft, Meta, and Alphabet are projected to spend nearly $700 billion on AI infrastructure this year alone. This surge underscores the urgency as governments and corporations scramble to build superior AI capabilities.
Indian conglomerates are matching the fervor. Reliance Industries is reportedly gearing up to invest $110 billion in data centers and supporting infrastructure. Adani Group followed suit, pledging $100 billion over the next decade for AI-driven data centers.
US firms stole the spotlight at the summit. Microsoft committed to $50 billion in AI initiatives across Global South nations by decade’s end. OpenAI and chipmaker AMD partnered with Tata Group to bolster India’s AI infrastructure. Blackstone revealed a $600 million equity investment in Indian AI firm Nyasa.
The event highlighted India’s ambitions to become a technology superpower. The government has approved $18 billion in semiconductor projects to strengthen domestic supply chains. Meanwhile, US-India trade talks advance, aiming to slash tariffs and deepen economic ties. Representatives signed the ‘Pax Silica’ pact, a US-led initiative to secure global silicon supply chains, originally launched under the Trump administration.
Prominent figures like OpenAI CEO Sam Altman, Alphabet CEO Sundar Pichai, Anthropic head Dario Amodei, and Google DeepMind CEO Demis Hassabis attended. Nvidia announced expanded partnerships with Indian venture capital firms to fuel tech startups.
These developments signal a new era for India, positioning it at the forefront of the AI boom and fostering innovation that could reshape global tech landscapes.