YOTTA DATA SERVICES
Govt plans sovereign AI infrastructure with tighter control over data, GPUs
Not-so-sensitive yet relatively important categories will be managed through a new framework in which the state may own the hardware such as GPUs while private sector companies may run and operate it, the officials told ET.
AI cloud unicorn Neysa eyes 2027-end IPO, plans new Nvidia, AMD chips and own data centres
Cofounder and CEO Sharad Sanghi told ET AI the firm is seeing demand from Indian customers and global companies looking to use India as a computing base with BFSI clients leading enterprise demand.
AI compute financing needs bankable contracts, lender exit rules: industry
They highlighted these demands at a closed-door meeting on ‘Financing India’s Frontier & Compute Ecosystem’ convened in Delhi by the IndiaAI Mission.
IBM, Yotta launch sovereign agentic AI platform for Indian enterprises
IBM and Yotta Data Services have introduced a sovereign AI platform specifically designed for Indian organisations. This new platform integrates IBM’s watsonx Orchestrate with Yotta’s Shakti Cloud and Shakti Studio. It aims to assist enterprises in managing AI agents while ensuring data and governance controls remain in India. The platform enables organisations to transition AI agents from pilots to full production effectively.
Yotta pushes back on fears data centres could strain India’s power, water
Large data centre operators can build dedicated power networks and closed-loop cooling systems. These systems limit dependence on local urban power and water supplies. Yotta Data Services CEO Sunil Gupta stated this at the Global Fintech Fest 2026. He believes many concerns about infrastructure strain are unfounded in India.
IPO-bound Yotta plots $12 billion next-gen Nvidia chip order
The Hiranandani Group’s data centre arm has already deployed 40,000 graphics processing units (GPUs) at an investment of $1.8 billion by June. Combined with the proposed $12 billion order for the premium enterprise artificial intelligence hardware, Yotta would become Nvidia’s largest customer in India, he said.
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Data centres are coming. Where will India find the people to run them?
India's data centre capacity is set to grow significantly by 2030. This expansion will create numerous jobs across various sectors, including construction and operations. Advanced technologies like AI are increasing demand for specialised technical skills in cooling and power. The talent pool will draw from existing sectors like power and manufacturing.
Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom
Yotta Data Services is gearing up for an initial public offering scheduled for early 2027, aiming to secure as much as $1.5 billion to settle debts and enhance their infrastructure. This strategic move taps into the surging demand for AI computing infrastructure seen across India. A noteworthy portion of Yotta’s clientele comprises global customers, bolstered by a tax holiday that instils confidence among international data center users.
ESDS to expand data centre operations with Rs 720-cr IPO proceeds
ESDS Software Solution is embarking on a ₹720-crore IPO aimed at broadening its data center operations across India and Europe. This strategic move follows a notable partnership for AI cluster deployment powered by NVIDIA GPUs. The investment will not only bolster their infrastructure but also pave the way for new facilities in Kolkata and Sahibabad, positioning ESDS as a trailblazer among India's publicly listed data center providers.
Yotta plans IPO of up to Rs 8,000 cr to fund AI infra push
Yotta Data Services is preparing to file its draft prospectus for an initial public offering. The company aims to raise approximately six thousand to eight thousand crore rupees. These funds will support expanding data centre footprint and AI infrastructure deployment. Yotta recently secured one hundred fifty million dollars in a pre-IPO funding round. This move positions Yotta to meet growing demands for computing capacity in India.
Yotta Data Services offers Rs 10,000 free Shakti Studio credits for AI development in India
Launched in 2025 by Yotta in partnership with Nvidia, Shakti Studio is a browser-based platform that enables users to build, fine-tune and deploy AI models. The platform provides serverless access to Nvidia H100 and L40S GPUs on demand, allowing users to leverage computing resources without managing the underlying infrastructure.
Yotta Data Services in talks with PE funds to raise $1 billion
Yotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuation to fuel its expansion. The Hiranandani group's data centre arm is also exploring an initial public offering in India. This move comes as India's data centre sector experiences rapid growth, driven by AI and cloud adoption, attracting significant international investment.
IBM, Yotta tie-up to provide agentic AI platform for Indian govt, other customers
IBM and Yotta Data Services are joining forces. They will offer a new agentic AI platform for Indian businesses and government bodies. This platform will run on Yotta's Shakti Cloud. It aims to help organisations adopt AI securely and compliantly. The collaboration will also bring IBM's sovereign core to Yotta's cloud.
Yotta, Gorilla Technology expand India AI infra pact with $2.8 billion project
Gorilla Technology Group and YottaData Services are expanding their AI infrastructure partnership. This collaboration is valued at approximately $2.8 billion. An additional 20,736 GPU cards will be deployed in India. This deployment is scheduled for completion by September 30, 2026. This move will significantly boost AI compute capabilities within the country.
AI sovereignty doesn't imply digital isolation: Yotta's Sunil Gupta
Sunil Gupta, MD and CEO of Yotta Data Services, said AI sovereignty does not mean isolation or complete self-reliance but strategic control. Speaking at the AI Impact Summit 2026, he noted global interdependence in technology is inevitable. Sovereignty means no single country or company can dictate a nation’s digital future.
Yotta spends $2 billion to deploy top Nvidia chips
Yotta Data Services is investing $2 billion to install Nvidia’s latest AI chips at its Noida hyperscale data centre, going live by August. This will be India’s first deployment of Blackwell B300 GPUs and one of Asia’s largest AI superclusters. Nvidia will also build Asia’s first DGX Cloud cluster.
Bhashini migrates to Yotta's sovereign AI cloud; sees 40% performance boost, 30% cost dip
Bhashini is an AI-powered language translation platform developed by Ministry of Electronics and Information Technology (MeitY) under its National Language Translation Mission. Top officials said that the move has enhanced its performance by nearly 40% and reduced operational costs by up to 30%.
Yotta set to debut on Nasdaq as SEC okays Cartica merger
The listing is expected to raise around $463 million, which will be used primarily for expanding Graphics Processing Unit (GPU) infrastructure, according to a company presentation to the SEC.
Microsoft, Yotta join hands to drive AI innovation in India
Microsoft has partnered with Yotta Data Services to boost AI adoption in India by integrating Azure AI services with Yotta's Shakti Cloud. This collaboration aims to empower developers, startups, enterprises, and public sector organisations with advanced AI capabilities. The partnership supports the IndiaAI Mission by enhancing local AI capabilities and fostering innovation across key sectors like agriculture, healthcare, and education.
Grant Thornton, Hiranandani-backed Yotta Data form alliance to market offerings
Grant Thornton Bharat and Yotta Data Services have partnered to offer integrated AI and cloud solutions. This alliance will leverage Yotta's hyperscale data centers and advanced AI technologies combined with Grant Thornton's industry expertise to help businesses accelerate digital transformation and innovation.
Indian startup Yotta Data seeks $500 million private credit to expand
Indian data center firm Yotta Data Services is seeking to raise approximately $500 million from private credit funds like Oaktree, Cerberus, and Davidson Kempner. The funds will be used to invest in data center parks and purchase Nvidia chips for AI services, supporting India's infrastructure development and growing private credit market.
Only 25% of Yotta’s GPUs used by Indian firms: CEO Sunil Gupta
On the government’s India AI Mission, chief executive Sunil Gupta said Yotta Data Services is unlikely to subsidise prices further for the government as the government plans to facilitate the availability of 10,000 GPUs-time for startups, researchers and academia. Yotta’s GPU time on an hourly basis is aggressively priced but the company would be open to negotiations once the government’s tender is out, he said.
Yotta Data Services to offer cheapest AI compute rates globally, says CEO
Yotta Data Services, partnering with NVIDIA, aims to provide competitive AI compute capacity. Leveraging unique market position, it plans to reach breakeven in 2-3 years on a $1B investment. The company also participates in the AI Mission initiative.
Yotta gets first tranche of 4,000 GPUs from Nvidia
Yotta Data Services has plans to scale up its GPU stable to 32,768 units by the end of 2025.
Meet Yotta Data Services, an Indian startup taking big AI bets
Yotta Data Services was founded in 2019 with the backing of real-estate billionaire Niranjan Hiranandani by Sunil Gupta. Yotta offers companies like Wells Fargo & Co. access to data storage and computing power they can scale up or down as needed, without buying and installing their own hardware.
Nvidia backs little-known upstart in India’s biggest AI bet yet
While companies like OpenAI and Google have poured billions of dollars into such chips in the US, Yotta is making India’s largest bet yet on the promise of AI.
Yotta Data Services raises Rs 1,357 cr in debt from State Bank of India
The company has raised this debt against its two data centres in Navi Mumbai by hypothecating the assets in favour of the bank. Certain receivables from the company’s data centre in Mumbai’s central suburb Powai have also been pledged to secure this loan.
Yotta Data Services to collaborate with Nvidia for GPU computing infrastructure
With this offering, Yotta customers will be able to train large language models and other AI workloads serving the growing needs of Indian, Asian, and broader global markets.
Vi business partners with Yotta Data Services to enhance its data center colocation and cloud services
Through this partnership, Vi Business will leverage its synergies with Yotta to offer integrated connectivity, cloud and security solutions to its enterprise customers. The companies didn’t give any financial details. “By fostering such collaboration, we aim to empower businesses with tailor-made solutions in the most cost-optimised way that address their unique needs and propel them towards growth in their digital journey.” Rochak Kapur, executive vice president –connectivity, security, cloud & busihttps://denmark.timesinternet.in/cmslite/api/app/images.jpg?msid=102575491&hostId=153&ts=1691586000054ness operations, Vi said.
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