Wednesday, 2 September, 2026
Powering the AI Surge: Yotta Eyes $1.5 Billion IPO as Global Demand Soars
By TechShots Studio
Hiranandani Group-backed Yotta Data Services plans a Q1 2027 IPO targeting up to $1.5 billion. Operating India's largest Nvidia-powered infrastructure, the data center operator aims to clear debt, buy GPUs, and expand sovereign cloud footprint. Driven by a 20-year tax incentive and severe power constraints in the West, global clients now account for nearly 80% of Yotta’s compute customer base.
Read full story at REUTERS