Tech giants commit hundreds of billions of dollars to Indian AI
Tech giants have pledged to pour hundreds of billions of dollars into India’s AI efforts, against the backdrop of a major summit in the country bringing together world leaders and AI executives.
Record sums are being poured into AI as governments and companies around the world race to deploy the technology. Hyperscalers – including similar ones Amazon, Microsoft, Meta And Alphabet – announced capital spending on artificial intelligence that could reach $700 billion this year.
Indian tech group spotted last week Trust reportedly announced plans 110 billion dollars investment data centers and other infrastructures, and its compatriot Adani outlines the creation of a $100 billion artificial intelligence data center over the next decade.
Big announcements also came from US technology companies.
Microsoft says it’s on track to invest at India AI Impact Summit 50 billion dollars in AI in the Global South by the end of the decade. OpenAI and chipmaker AMD both announced partnerships with Tata Group and US asset manager to develop AI capabilities Karataş He also stated that he participated in the $600 million equity capital raise for Indian artificial intelligence infrastructure Neysa.
The commitments were announced during a summit that was also marked by controversial points. Microsoft co-founder Bill Gates withdrew from the event amid public backlash over his past relationship with late financier and sex predator Jeffrey Epstein. There was also an Indian university criticized After claiming to have invented a commercially available Chinese-made robot dog.
India’s artificial intelligence potential
The Artificial Intelligence Summit took place at a time when India was trying to become one of the world’s technology superpowers. Country approved $18 billion chip project aimed at strengthening the local supply chain.
Meanwhile, the United States and India are moving toward a trade deal that would lower tariffs and increase economic cooperation between the two countries. Technical ties were further deepened at the event.
Representatives of both governments signed the Pax Silica agreement, a US-led initiative launched by the Trump administration that aims to secure the global supply chain for silicon-based technologies.
The potential that technology groups saw in the market was clearly visible in the list of names participating. The billing included OpenAI CEO Sam Altman, Alphabet CEO Sundar Pichai, Anthropic boss Dario Amodei, and Google DeepMind CEO Demis Hassabis.
USA chip darling Nvidia announced that it is expanding its partnerships with venture capital firms in India as it aims to deepen access to promising technology companies developed in the ecosystem.
India’s public markets are booming towards the end of 2025, but private capital is still missing, Anirudh Suri, co-founder of the Internet Fund of India, told CNBC.
“What we’re not seeing much of right now is venture capital and private equity money coming in to invest in Indian entrepreneurs in the AI space,” he said.
While India appears to be lagging behind countries like the US and China on the frontier of AI development, Microsoft President Brad Smith told CNBC that this could change in certain domain-specific areas.
“If you look at the engineering talent, you quickly come to the conclusion that India can also be a place where models are developed,” he said. Smith added that there will be “a variety of different DeepSeek moments” in the future, and some of them will be in India, as well as China and other countries.
But some say India is still trying to catch up.
“India is making grandiose attempts to kick-start its overdue AI push, but it’s doing so primarily by offering headline-grabbing sauce without addressing many of the underlying challenges of doing business in India,” Udith Sikand, senior emerging markets analyst at financial research firm Gavekal, told CNBC. he said.
