2 hrs ago
AM Intelligence Orders 20,000 Nvidia GPUs in $4 Billion Deal
AM Intelligence is a company backed by Greenko’s founders.
It has ordered 20,000 computer chips made by Nvidia in a deal worth $4 billion.
The company wants to offer computing services with 1GW of capacity.
It also plans to build powered data centres for artificial intelligence.
These centres are planned for India, the United States and Europe.
In January, the company made an agreement with InvestUP, an investment arm of the Uttar Pradesh government.
The agreement describes a plan for a 1GW AI hub in Uttar Pradesh by 2030.
That hub is expected to involve $25 billion in investment and 500,000 high-performance chips.
Greenko founders-backed AM Intelligence ordered 20,000 Nvidia GPUs in a $4 billion deal.
The company plans 1GW of Compute-as-a-Service capacity.
It also plans 5GW of powered AI data centres across India, the United States and Europe.
In January, AM Intelligence signed an MoU with InvestUP at Davos.
The MoU outlines a 1GW AI hub in Uttar Pradesh by 2030, with $25 billion in cumulative investment and 500,000 high-performance chips.
- Who
- Greenko founders-backed AM Intelligence and Nvidia.
- What
- AM Intelligence ordered 20,000 Nvidia GPUs in a $4 billion deal and outlined plans for AI computing capacity and data centres.
- Where
- Planned data centres are in India, the United States and Europe; the proposed AI hub is in Uttar Pradesh.
- When
- The GPU deal is reported; the MoU with InvestUP was signed in January, with the AI hub targeted for 2030.
- Why
- AM Intelligence plans to build Compute-as-a-Service capacity and powered AI data centres.
Key facts
- GPU order
- 20,000 Nvidia GPUs
- Deal value
- $4 billion
- Planned Compute-as-a-Service capacity
- 1GW
- Planned powered AI data centre capacity
- 5GW
- Planned data centre locations
- India, the United States and Europe
- Uttar Pradesh AI hub target
- 1GW by 2030
- MoU plan
- $25 billion cumulative investment and 500,000 high-performance chips
Sources
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