AMI’s Nvidia chip bet; Groww’s new growth play
Happy Wednesday! AMI has ordered 9,000 Nvidia Vera Rubin chips, becoming one of Asia’s first such adopters. This and more in today’s ETtech Morning Dispatch.
AI data centre firm AMI has placed an order for 9,000 Nvidia Vera Rubin chips, making it one of Asia's first adopters of the advanced technology. The Hyderabad-based company, part of Greenko’s founders' AI infrastructure arm, will be among the first customers for the Nvidia Rubin chips, unveiled in January. The chips promise up to 10 times more agent throughput than Blackwell models, but at a 40-80% higher cost.
AMI aims to deploy 200 megawatts of computing power in the next 18 months, with servers set to go online in India, Malaysia, Finland, and the US by 2028. The company plans to build 5 gigawatts of global data centre capacity at a capital expenditure of $8 billion. This move comes as Rubin supplies are limited and in high demand from data centres and hyperscalers like Amazon, Google, and Microsoft.
AMI's president, Mahesh Kolli, sees the deployment of Vera Rubin by Q1 2027 as a significant step towards operating one of the world's most advanced AI architectures.
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- AMI’s Nvidia chip bet; Groww’s new growth play economictimes.indiatimes.com
