India cobbles together $200 billion-plus for data-center investment

Source Domain: fortune.com

India aims to attract $200 billion in investments for data centers over the next few years as it seeks to become a global hub for artificial intelligence (AI).
Major tech companies like Google, Microsoft, and Amazon have already announced significant investments in India, totaling approximately $70 billion.
The government supports AI infrastructure development and recently introduced a long-term tax holiday for data centers to attract global capital.
India is promoting AI as widely accessible and not exclusive, in addition to providing shared computing facilities with over 38,000 GPUs.
The country wants to participate actively in shaping global AI norms and practices, not just comply with existing regulations.
India is also scaling up AI education and reskilling programs to create an AI-ready talent pool and address potential job disruptions due to AI.
The government emphasizes the need to maintain inclusive, distributed, and development-focused AI practices while creating global frameworks to address misinformation and other challenges.

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