Adani Plans $100 Billion Investment in Data Centers by 2035
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy GOOGL?
Source: CNBC
- Massive Investment Plan: Adani Group announced plans to invest $100 billion by 2035 to develop renewable energy-powered AI data centers, aiming to establish the world's largest integrated data center platform, thereby strengthening India's position in the global AI race.
- Ecosystem Development: This investment is expected to create a $250 billion AI infrastructure ecosystem over the next decade, while also incentivizing an additional $150 billion in spending across server manufacturing, sovereign cloud platforms, and supporting industries, further driving India's technological advancement.
- Positive Market Reaction: Shares of Adani Enterprises rose 2.3% on the news, making it one of the top gainers on the Nifty 50 index, while Adani Green Energy shares also saw a 1.8% increase, indicating strong market confidence in its AI strategy.
- Collaboration and Expansion: Adani's AI initiative will build on its existing 2GW national data center, with plans to expand to a 5GW target, and its vision is supported by partnerships with Google, while also engaging in talks with other major players to establish large-scale campuses across India.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 305.720
Low
305.00
Averages
374.25
High
400.00
Current: 305.720
Low
305.00
Averages
374.25
High
400.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Ecosystem Development: This investment is expected to create a $250 billion AI infrastructure ecosystem over the next decade, while also incentivizing an additional $150 billion in spending across server manufacturing, sovereign cloud platforms, and supporting industries, further driving India's technological advancement.
- Positive Market Reaction: Shares of Adani Enterprises rose 2.3% on the news, making it one of the top gainers on the Nifty 50 index, while Adani Green Energy shares also saw a 1.8% increase, indicating strong market confidence in its AI strategy.
- Collaboration and Expansion: Adani's AI initiative will build on its existing 2GW national data center, with plans to expand to a 5GW target, and its vision is supported by partnerships with Google, while also engaging in talks with other major players to establish large-scale campuses across India.
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- Smart Glasses Partnership: Google announced a partnership with Warby Parker for smart glasses at the conference, further expanding its footprint in the wearable tech market, and leveraging Warby Parker's brand influence to enhance product visibility.
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- Massive Investment Plan: Adani Group announced plans to invest $100 billion by 2035 to develop renewable energy-powered AI data centers, aiming to establish the world's largest integrated data center platform, thereby strengthening India's position in the global AI race.
- Ecosystem Development: This investment is expected to create a $250 billion AI infrastructure ecosystem over the next decade, while also incentivizing an additional $150 billion in spending across server manufacturing, sovereign cloud platforms, and supporting industries, further driving India's technological advancement.
- Positive Market Reaction: Shares of Adani Enterprises rose 2.3% on the news, making it one of the top gainers on the Nifty 50 index, while Adani Green Energy shares also saw a 1.8% increase, indicating strong market confidence in its AI strategy.
- Collaboration and Expansion: Adani's AI initiative will build on its existing 2GW national data center, with plans to expand to a 5GW target, and its vision is supported by partnerships with Google, while also engaging in talks with other major players to establish large-scale campuses across India.
See More
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- National Partnerships Framework: The rollout of the National Partnerships for AI framework aims to widen access to advanced AI systems while ensuring alignment with national ambitions in science, education, and energy, demonstrating the company's commitment to the Indian market.
- Financial Investment: Through Google.org, the company launched two separate $30 million initiatives aimed at promoting the social applications of AI, thereby enhancing its influence and market penetration in India.
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- Micron's Strategic Shift: Micron Technology (MU) achieved a 57% year-over-year growth in Q1 FY2026 and plans to exit its consumer business to focus on AI storage solutions, which is expected to yield higher profits and long-term growth.
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See More
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- Micron's Critical Role: Micron achieved a 57% year-over-year revenue growth in Q1 FY2026, nearly tripling its net income, indicating its memory solutions are essential for Nvidia's chips, and the company is pivoting fully towards the AI market for higher margins.
- Google's AI Success Story: Alphabet's Q4 FY2026 search revenue grew 17% year-over-year to $95.9 billion, with cloud revenue increasing 48% to $17.7 billion, showcasing its diverse business opportunities and robust growth potential in AI.
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See More
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