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NVIDIA AI Chip Orders Reach $1 Billion For Yotta Data Centers

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NVIDIA AI Chip Orders Reach $1 Billion For Yotta Data Centers

(CTN News) – Indian data center operator Yotta plans to purchase additional AI chips from its partner NVIDIA worth $500 million, taking its total order book with the U.S. firm to $1 billion as it beefs up AI cloud services.

YOTTA announced last month that it would purchase Nvidia (NVDA.O) chips, but did not disclose the value of the deal or the type of chips it would purchase.

Yotta’s CEO and co-founder Sunil Gupta told Reuters on Thursday that the order will consist of nearly 16,000 Nvidia H100 and GH200 artificial intelligence chips.

Previously, Yotta had ordered approximately 16,000 H100 chips from Nvidia last year, and according to Gupta, the chips are expected to be delivered to Yotta by the end of July at the latest.

AI deals in India are crucial for Nvidia, which is experiencing difficulties exporting certain chips to China and other countries due to restrictions imposed by the United States.

It was announced in September that the U.S. chipmaker had entered into AI partnership agreements with Indian conglomerates Reliance Industries and Tata Group in order to develop cloud infrastructure and language models, as well as generative AI applications.

Nvidia’s Indian partner firm, Yotta, is part of the real estate group owned by Indian billionaire Niranjan Hiranandani. The company operates three data centers in Mumbai, Gujarat, and near New Delhi.

The growing demand for storage and processing has led companies such as Microsoft, Google, and Amazon to increase their investment in cloud computing and data centers in India over the past few years.

There are also several Indian billionaires who have joined the race, such as Mukesh Ambani and Gautam Adani.

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