en.Wedoany.com Reported - Yotta Data Services plans to invest approximately $7 billion in capital expenditure this year, doubling that figure next year, to expand its Graphics Processing Unit (GPU) cloud business and drive its transformation into a global Artificial Intelligence (AI) infrastructure service provider.
Darshan Hiranandani, Chairman and Co-founder of Yotta Data Services, stated that the company has already invested $3 billion in capital expenditure this year and expects to invest an additional $4 billion or more between November this year and January next year. These investments will help increase its operational capacity to approximately 175-180 megawatts (Mw) by the end of this year, primarily to support cloud and AI services. Hiranandani noted that the company has the ability to significantly scale up within its existing campuses, with the Mumbai facility designed for a capacity of up to 2 gigawatts (Gw) and the Greater Noida campus capable of supporting an additional 250 Mw.
The company is also evaluating various financing options, including a domestic listing, but has not yet set a timeline. It plans to convert into a public limited company and begin broader disclosures before eventually going public. Yotta operates data center campuses in Mumbai and Greater Noida, and expects 75% of its revenue this year to come from global clients, highlighting its strategy of serving international demand from India. Hiranandani said in an exchange that Yotta is not just a company looking to offer products and services to Indian clients; 75% of its revenue this year will come from global companies.
This aggressive expansion comes amid growing global demand for AI computing infrastructure. Yotta stated that it has already signed up for more than 30,000 additional GPUs and has room to deploy another 45,000 GPUs in the future. The company was among the first in India to operate Nvidia GPU clusters at scale, now serving global clients seeking AI training and inference capabilities.
According to Hiranandani, the challenges of building an AI cloud business go far beyond acquiring GPUs; purchasing GPUs is the easiest part, while the difficulties lie in running clusters, configuring applications, and learning how to operate at scale. Yotta's AI cloud ambitions have also benefited from recent geopolitical developments. The company stated that due to regional uncertainties, some AI workloads originally planned for West Asia have been temporarily shifted to other regions, including India, and the company has temporarily benefited from this shift. The company also noted growing international interest in the sovereign cloud infrastructure it has built for India and has received requests to replicate similar solutions in overseas markets.
While Yotta continues to offer colocation services, including being one of India's largest providers of data center space to global tech companies, cloud management services, GPU cloud, and AI services have become central to its growth strategy. Unlike many domestic data center operators that primarily focus on colocation services, Yotta positions itself as a competitor in the global AI infrastructure market. Hiranandani stated that they serve clients from Europe, Singapore, and the United States, who compare the company with global providers, and Yotta focuses on global demand and global clients.
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