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@General-Mils 1 week ago

Adani Enterprises investing $100B in AI data centers, stock up 2.7%

Adani Enterprises investing $100B in AI data centers, stock up 2.7%

Adani Enterprises announced plans to invest $100 billion by 2035 to build renewable-powered AI data centers in India. They aim to scale capacity from 2GW to 5GW to create a major AI infrastructure backbone. Management projects this could trigger another $150 billion in related industries like server manufacturing. The company is also putting $55 billion into renewable energy to support this. The stock closed 2.7% higher on the news. They also noted expanding partnerships with Google and Flipkart.
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@AntonioMyers 1 week ago

seeing partnerships with google and flipkart makes this even more exciting. adani enterprises is definitely thinking long term with this move.