Yotta Invests $2B in Nvidia Chips to Power India’s AI Expansion

India’s AI push received a major boost after Yotta Data Services announced it will invest more than $2 billion in Nvidia’s Blackwell Ultra chips to build a large-scale AI computing hub. The move signals a shift from AI ambition to infrastructure execution, positioning India more aggressively in the global AI race. 

Speaking at the India AI Impact Summit in New Delhi, Yotta Data Services CEO Sunil Gupta confirmed plans to deploy over 20,000 Nvidia Blackwell Ultra chips by August. Meanwhile, Nvidia will use roughly half of them over four years for its DGX AI cloud service, supporting firms such as Tata Consultancy Services and Infosys.

Additionally, Yotta Data Services plans to raise up to $1.2 billion ahead of a potential IPO this year. Meanwhile, Mubadala Investment Company is reportedly in talks to invest, though details remain unconfirmed.

India’s AI push comes as the country seeks to close the gap with the United States and China in AI development. The government has positioned India as a strategic data center hub, leveraging its large developer base and digital economy. Global technology giants including Microsoft and Alphabet have already committed nearly $70 billion in investments tied to cloud and AI infrastructure in the country. 

The Yotta investment also reflects broader shifts in global AI supply chains. Tighter U.S. export controls on advanced chips have encouraged deeper partnerships in markets such as India. By expanding its data center campuses in Mumbai, Gujarat, and New Delhi, Yotta is building foundational compute capacity critical for AI training and enterprise adoption. 

Key developments include: 

• $2B investment in Nvidia Blackwell Ultra GPUs 

• Deployment of 20,000 chips by August 

• $1.2B pre-IPO capital raise target 

• India positioning itself as a global AI infrastructure hub 

 

Source: 

https://www.reuters.com/technology/indias-yotta-build-2-billion-ai-hub-with-nvidias-blackwell-chips-2026-02-18/