AI
AI infra firm RackBank gets land in Indore, Raipur for data centres
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AI infrastructure startup RackBank is looking to expand data centres in tier-2 cities like Indore and Raipur to reduce its operational cost by 2–3x as compared to data centre hotspots like Mumbai, Chennai and Noida.
The firm, which recently launched an AI cloud business unit called NeevCloud, has acquired six acres of land in Indore for an 18 megawatt facility and 13 acres in Raipur for a 100 megawatt facility, Narendra Sen, founder and CEO of RackBank and NeevCloud, told ET.
These investments are supported by state governments of Madhya Pradesh and…
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