AI investments surge in India as tech leaders convene for Delhi summit | Fortune
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AI investments surge in India as tech leaders convene for Delhi summit | Fortune
"Blackstone announced on Monday it was leading a $600 million equity investment in Indian AI cloud startup Neysa, while chip giant AMD announced an expanded partnership with Mumbai-based Tata Consultancy Services to deploy up to 200 megawatts of AI infrastructure capacity in India.Blackstone's multi-million-dollar commitment to Neysa will help deploy more than 20,000 GPUs for AI training in India, while AMD's partnership with TCS aims to support India's sovereign AI initiatives and accelerate enterprise deployments."
"The investments coincide with the five-day India AI Impact Summit that kicked off on Monday. The event features global AI leaders, including OpenAI's Sam Altman, Anthropic's Dario Amodei, Google's Sundar Pichai, and Meta's Alexandr Wang, alongside political leaders such as French President Emmanuel Macron. More than 20 heads of state and government, along with representatives from over 60 countries, are expected to attend the gathering, including notable European AI figures like Arthur Mensch, the French computer scientist who founded Mistral AI."
"AI companies are also using the summit to emphasize their growth beyond Western markets. This week, Anthropic announced that India has become the second-largest market for its Claude AI platform, with run-rate revenue doubling since October 2025. Meanwhile, OpenAI CEO Sam Altman wrote in the Times of India that India now has 100 million weekl y active ChatGPT users, making it the company's second-largest user base after the United States."
Blackstone is leading a $600 million equity investment in Neysa to deploy more than 20,000 GPUs for AI training in India, while Neysa is seeking an additional $600 million in debt financing. AMD and Tata Consultancy Services expanded a partnership to deploy up to 200 megawatts of AI infrastructure capacity to support sovereign AI initiatives and enterprise deployments. The five-day India AI Impact Summit in New Delhi brings global tech executives and over 20 heads of state, with representatives from more than 60 countries. Anthropic reports India as its second-largest Claude market with run-rate revenue doubling since October 2025. OpenAI reports 100 million weekly active ChatGPT users in India.
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