Japanese firms to invest Rs 10,500 crore in Hyderabad for AI Data Centre Cluster

By our Special Correspondent

NTT DATA, a global leader in digital transformation and IT services, and Neysa Networks, an AI-first cloud platform company, on Friday, 18 April, signed a tripartite Memorandum of Understanding (MoU) in Tokyo with the Telangana government to establish an AI Data Center Cluster in Hyderabad with an investment of ₹10,500 crore.

The MoU was signed in the presence of Telangana Chief Minister A Revanth Reddy, during a high-level investment meeting.