Satyendra Pasalapudi☁’s Post

India will lead the world in AI, digital public infrastructure: PM Modi "We have the biggest talent pool of youth who are creating innovative solutions. .. ..In AI, India will soon lead the world,” PM Modi told Sanjay Pugalia, CEO and .. ..and Editor-in-Chief, AMG Media Network, in a candid conversation. and Editor-in-Chief, AMG Media Network, in a candid conversation. India will see mega innovations in new technologies like artificial intelligence , (AI), thrust on local manufacturing and creating digital public infrastructure ( .. (DPI) for the world in the near future, Prime Minister Narendra Modi said on Sunday. The digital revolution, driven by unified payments interface (UPI) and QR-code-based payments, has become the biggest tool in the eradication of poverty while showing to the world powers that DPIs like Aadhaar and DigiLocker can transform the lives of people. The cost of data in India is very cheap compared to the rest of the world. This has led to a digital revolution that eventually helped the poor. Also, overall 5 Lakh common services centres (CSC's) which are part of the Citizen-Centric initiatives, helped crores of people. " PM Modi noted Read more at: https://lnkd.in/dfEdf792 Read more at: https://lnkd.in/dfEdf792

datarctica.com socio360fy.com: The concept of “sovereign AI” has helped fuel demand among national governments for data centres in their countries, said analysts. Authorities are keen to ensure that sensitive information be stored and processed within their borders and to develop their own AI systems and tools. https://lnkd.in/gdXjjiku Governments were “looking to build AI applications that will focus on defence, military, national security” and as such “needs to be housed in country”, said Jabez Tan, head of research at Structure Research. The push from countries with fast-growing economies has created “a lot of addressable market” for cloud providers such as Microsoft and Amazon, Tan said. Indian authorities are courting tech companies with billions of dollars in incentives, including in Telangana State Innovation Cell, and the country’s digital economy has grown rapidly thanks to the spread of smartphones and cheap data.

Given the AI training arms-race taking place right now, especially considering datacenter investments from 2023 to 2028, $1tn seems about right ... Building datacenters influence a lot of downstream investments from utilities to construction having a similar effect as does government spending to stoke the economy (and this is certainly in that scale). So will this level of spending ultimately lead to inflation? I'm sure my economics prof from UT, Dr Michael Brandl may have a perspective on this. https://lnkd.in/g_nehE5p

#AI, #Tech, The giants spending billions to fuel AI's big data revolution   "The boom is already here. But, in a way, the last 25 years have been a boom," said Harro Beusker, chief executive of the data centre developer nLighten, founded in 2021. "IT is becoming more important, and companies are investing more, in ways that are almost unrelated to economic growth."   This month, UK ministers decreed data centres would be added to the list of "national critical infrastructure", which means they will get greater government protection from cyber attacks and power outages. Amazon announced a data centre investment in the UK of £8 billion, which it said would create 14,000 jobs. And last week, Global Infrastructure Partners and Microsoft teamed up on a $30 billion global fund to start building AI infrastructure such as data centres.   "It is the sector that people are most excited about getting exposure to," said one investor at a major fund, with a barely concealed glint in his eye.   "The scale of the theoretical opportunity is pretty extraordinary and the capital requirements are just gargantuan." The "high barriers to entry" to building data centres, he added, meant deeppocketed investors were best placed to exploit it.   To understand just how big the sector can grow, and the potential pitfalls ahead, first consider what is needed for a data centre. They are, in essence, big boxes. But unlike logistics "sheds" that move goods in and out, they have much more complicated power, equipment and security considerations.   The prime ingredients, as one chief executive puts it, are power (lots of it); people (particularly engineers); land (ideally well-connected to the grid and close to big urban areas); and fibre (for connectivity). The electricity required by data centres is expected to increase sixfold over the next decade.   Developers are responsible for planning, building and running the sites. Customers who could be anyone from telcos to banks to media companies rent space from the data centre and are responsible for buying and installing the servers in the racks. #AI, #RB

The federal government is providing up to $240-million to help Toronto-based artificial-intelligence company Cohere Inc. build a new multibillion-dollar data centre in Canada that will power AI models, Deputy Prime Minister Chrystia Freeland said on Friday, reported The Globe and Mail. "The project is the first that Ottawa has backed through its $2-billion AI infrastructure program, which was announced in April. The funding is designed to help Cohere attract other investors to build the data centre, which is targeted to be online next year." https://lnkd.in/gxBwEijH #canada #AI #datacentres

The federal government plans to spend $1-billion to build supercomputing infrastructure to power artificial intelligence models and another $1-billion to subsidize companies that want to build data centres and access resources for AI, reported The Globe and Mail. "Innovation, Science and Economic Development Canada provided new details Thursday of the government’s AI infrastructure strategy, which was first announced in April. At the time, Prime Minister Justin Trudeau said Ottawa would spend $2-billion to help Canadian companies and academia access the expensive graphics processing units (GPUs) and other infrastructure, generally called “compute,” that is crucial to building and running advanced AI models. Compute is necessary to increase AI adoption and capture the economic benefits of the technology, proponents say." https://lnkd.in/gQGxARRw #canada #AI #governmentfunding

The Next Big Thing in the Age of AI: Data Centers Data centers were already a massive business, but the rise of AI has caused demand to skyrocket. These facilities are no longer just infrastructure; they are becoming the critical enablers of our increasingly digital and data-driven world. The strain AI places on existing systems has brought power consumption and sustainability into sharp focus. This challenge is driving innovation and investment in the sector, with major players stepping up to meet the growing demand in a more sustainable way. In Europe, DTCP (formerly the #CVC arm of Deutsche Telekom) is leading the charge. The VC firm recently announced a £1 billion investment in GreenScale Data Centres, a company that aims to tackle power and sustainability issues. GreenScale's mission aligns with the pressing need to address the environmental footprint of the exploding AI-driven demand for computing power. This move by DTCP underscores a broader trend: as AI transforms industries, the infrastructure that supports it must evolve. Investments like these not only drive technological progress but also set the stage for a greener and more efficient digital future. The question now is not whether data centers will remain central to the AI revolution, but how quickly the industry can adapt to its challenges—both in scale and in sustainability. What do you think? Can innovation in data centers keep pace with AI’s insatiable appetite? Let us know in the comments below! #datacenters #data #openinnovation Mind the Bridge Global Corporate Venturing

The demand for #AI is skyrocketing, and the UK’s infrastructure is under pressure. Despite having over 500 data centres, experts warn it's not enough to meet future demands. Without strategic investment, the UK could fall behind global leaders like the US and China. Learn more about this in the latest ITPro article: https://bit.ly/4gWEibY #DataCentres

Federal #AI compute strategy includes $1 billion CAD for public computing infrastructure, $700 million for AI data centres, and $300 million for SMBs. #CDNpoli #CDNtech

Good to see some sort of movement on the UK AI front, even if this data centre will surely ultimately be operated by a US hyperscaler or similar US entity. Hoping that this is a sign that the new Labour government will take European and British AI competitiveness more seriously, and will work towards an AI ecosystem that is meaningful on the world stage. #aiinfra #aihardware #datacenter #blackstone