Greenko founders-backed AM Intelligence orders 20,000 Nvidia GPUs in $4 billion deal
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Greenko founders-backed AM Intelligence ordered 20,000 Nvidia Rubin GPUs in a $4 billion deal.
- ✓This move aims to build 70 MW of AI compute capacity across India and Malaysia.
- ✓"The plan is to provide Indian electrons for Indian tokens with GPU-as-a-rental service," said a person aware of the development.
Story at a Glance
- Category
- BUSINESS
- Reported By
- mint
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Summary
Greenko-backed AM Intelligence has committed $4 billion to buy 20,000 Nvidia Vera Rubin GPUs, targeting 70 MW of new AI compute capacity in India and Malaysia.
New Delhi: Greenko founders-backed AM Intelligence (AMI) has placed a binding order for 20,000 Nvidia Rubin graphics processing units (GPUs) in a deal valued at around $4 billion to set up a 70MW capacity, according to two people aware of the development.
An announcement about this will be made shortly. These Nvidia Rubin GPUs will supply 70MW power, to drive a 100MW expansion across India and Malaysia despite global chip shortages. This follows an August deal to deploy 9,000 GPUs at its Hyderabad centre for cloud computing.
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