Yotta Data Services Pivots to International AI Clients, Scales GPU Capacity
Yotta Data Services is significantly scaling its AI infrastructure, prioritizing international enterprise clients and expanding its GPU capacity. The company has also secured substantial funding to support its growth.
Yotta Data Services is rapidly expanding its artificial intelligence (AI) computing power infrastructure to meet growing global demand. The company plans to increase its GPU capacity to approximately 40,000 NVIDIA Blackwell processors within the next four months and aims for around 85,000 GPUs by the end of the current financial year.
CEO Sunil Gupta stated that the majority of this new GPU capacity is being allocated to international clients, who are willing to sign large contracts with guaranteed fast delivery. This marks a strategic shift from Yotta's previous focus, where nearly 70% of its GPU resources were dedicated to domestic AI initiatives within India.
The company has raised $150 million from investors at a valuation of approximately $3.9 billion as it prepares for a potential initial public offering (IPO). Yotta is targeting a total fundraising of about $1.5 billion across pre-IPO rounds and the IPO itself. It competes with companies such as Neysa, E2E Networks, NxtGen, CtrlS, and ESDS, which offer similar data center services.
Founded in 2019 as part of the Hiranandani Group, Yotta Data Services offers hyperscale data center and cloud infrastructure services. The company's investments in AI infrastructure are projected to exceed $7 billion by the end of FY27. They are employing a financing model where partners own and fund GPUs housed within Yotta's data centers. Yotta's business model encompasses three areas: colocation services, sovereign cloud and managed services, and AI-focused necloud offerings. While all segments are growing, AI infrastructure is increasingly dominating the company's revenue mix.