HCLTech Announces $1.5 Bn Investment To Build Maiden AI Data Centre In Odisha

IT major HCLTech has signed a memorandum of understanding (MoU) with its invested company Sarvam AI and the Odisha government to set up an AI data centre within the state. The planned capital outlay for the data centre is ₹14,257 Cr ($1.5 Bn). The state government is also expected to provide financial assistance for the project.