
New Delhi — Leading global technology companies have announced multi-billion-dollar artificial intelligence (AI) investments tied to India, as the country hosted a high-profile AI summit attended by world leaders and industry heavyweights.
The surge in commitments comes amid an intensifying global race among governments and corporations to scale AI infrastructure and capabilities.
Major hyperscalers — including Amazon, Microsoft, Meta, and Alphabet — are projected to collectively spend up to $700 billion this year on AI-related capital expenditure.
Within India, large industrial conglomerates have unveiled ambitious infrastructure roadmaps. Reliance Industries is reportedly preparing to invest $110 billion in data centres and associated digital infrastructure. Meanwhile, Adani Group has outlined a $100 billion plan over the next decade to build AI-focused data centre capacity.
American firms also announced major commitments during the summit. Microsoft stated it is on track to deploy $50 billion in AI investments across the Global South by the end of the decade.
AI research firm OpenAI and semiconductor manufacturer Advanced Micro Devices revealed partnerships with Tata Group aimed at strengthening India’s AI ecosystem.
US-based asset management firm Blackstone announced its participation in a $600 million equity funding round for Indian AI infrastructure startup Neysa.
The summit underscored India’s strategic push to position itself as a global technology hub. The government has already cleared semiconductor projects worth $18 billion to reinforce domestic chip manufacturing and supply chain resilience.
Simultaneously, India and the United States are advancing toward a trade agreement designed to reduce tariffs and enhance bilateral economic cooperation. During the summit, officials from both countries signed the Pax Silica agreement — a US-led initiative introduced under the Donald Trump administration to secure global supply chains for silicon-based technologies.
The event drew prominent AI leaders, including Sam Altman, CEO of OpenAI; Sundar Pichai, CEO of Alphabet; Dario Amodei, head of Anthropic; and Demis Hassabis, CEO of Google DeepMind.
Chipmaker Nvidia also announced plans to deepen partnerships with venture capital firms in India, expanding its footprint among emerging technology startups in the country.
— IANS