Adani Signs MoU with Jabil for AI Data Center JV

MT Newswires Live10-13

Adani Enterprises (NSE:ADANIENT, BOM:512599) signed a non-binding MoU with Jabil setting out the framework for a proposed joint venture to manufacture and assemble artificial intelligence (AI) and data center equipment in India.

The collaboration involves building a multi-gigawatt AI infrastructure platform covering AI racks, servers, networking, power, and cooling systems, and supporting domestic demand and exports.

The company and engineering, supply chain, and manufacturing company Jabil will hold each hold a 50% stake in the JV.

The parties are yet to enter into a formal agreement and obtain the relevant approvals for the proposed JV company.

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