Adani to Invest $100 Billion in AI Data Centers by 2035; Shares Surge

• Adani Enterprises announced a $100 billion investment to build renewable energy-powered AI-ready data centers by 2035.
• The investment is projected to catalyze an additional $150 billion in related industries, creating a $250 billion AI infrastructure ecosystem in India.
• Gautam Adani emphasized India's role as a creator and exporter of intelligence in the AI age, building a five-layer AI stack.
• Adani Connex, with existing 2 GW data centers, aims for a 5 GW target, partnering with Google for a gigawatt-scale AI data center campus in Visakhapatnam and Microsoft for campuses in Hyderabad and Pune.
• The Group is also deepening its data center partnership with Flipkart for a second AI data center to support digital commerce and AI workloads.