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Biggest Indian bet: Hiranandani-backed data centre bags coveted Nvidia AI chips

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Niranjan Hiranandani-backed Yotta has made India’s largest bet yet on the promise of AI. This month, the data centre company received the first of more than 4,000 H100 chips that Yotta ordered from Nvidia. The beefy graphics processing units run $30,000-40,000 each.
Yotta CEO and co-founder Sunil Gupta is set to offer Nvidia’s chips, the most advanced on the market, to the country’s corporations, startups and researchers will be able to develop their own AI services from data centres in India. Gupta figures he’s got an edge over cloud computing services outside the country because of latency issues, and he vows to offer the least expensive access to Nvidia AI chips in the world.
Nvidia’s supply is far short of demand, so Jensen Huang, Nvidia’s celebrity CEO, has to calibrate allocations as corporate titans and heads of state press for allotments. India is getting special attention.

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