Yotta Data Services Targets $1 Billion Fundraise for AI Infrastructure, Eyes IPO

• Yotta Data Services plans to raise $1 billion to significantly expand its AI infrastructure.
• The company aims for an Initial Public Offering (IPO) within the current financial year.
• Yotta has already invested over $1.5 billion in infrastructure and plans an additional $2 billion for advanced chips.
• Currently, Yotta possesses about 10,000 advanced NVIDIA GPUs, representing 75% of India's GPU compute capacity.
• MD & CEO Sunil Gupta emphasizes India's AI push for real-world impact across sectors like agriculture, healthcare, and education.