Nvidia Boosts India's AI Sector with $1 Billion GPU Sale
The deal follows recent losses in China due to US export controls, with other Indian firms also partnering with Nvidia.
- Indian data center operator Yotta has ordered tens of thousands of Nvidia GPUs, worth about $1 billion, to boost the country's AI sector.
- Nvidia's sales in India come after the company lost a significant portion of its business in China due to US export controls on leading-edge semiconductors.
- Other Indian firms, including Reliance Industries and Tata Group, have also struck deals with Nvidia for AI applications.
- Nvidia is estimated to control 70-90% of the market share for GPUs used in AI systems.
- India's machine learning market could reach $14 billion annually by 2030, according to Yotta CEO Sunil Gupta.