Thursday · October 22, 2026

 ·  Daily  ·  Newsletters

Resonance network: Quantum InsiderSpace Insider

Blackstone-Backed AirTrunk Pledges $30B for Indian AI Data Center Expansion

3D render of cloud computing concept

AirTrunk, the Australian data center operator backed by Blackstone, has announced a $30 billion commitment to develop 5 gigawatts of data center capacity across India by 2030, one of the largest single infrastructure pledges in the country’s rapidly expanding AI sector.

Chief executive Robin Khuda met with Prime Minister Narendra Modi ahead of the announcement, with Modi describing the investment as strengthening India’s position as a global hub for cloud computing and artificial intelligence. AirTrunk entered India earlier this year through its acquisition of Lumina CloudInfra and already has a development pipeline across Mumbai, Chennai, and Hyderabad.

The commitment joins major AI infrastructure pledges from Amazon, Google, Microsoft, and OpenAI, as India’s data center capacity is projected to grow from approximately 1.5 gigawatts today to as much as 8 gigawatts by 2030, according to Bernstein.

James Dargan
About the author
James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

Trending today

Business & Markets

Otter.ai Raises $320M From General Catalyst’s Customer Value Fund to Expand Enterprise AI

ai quantum
Technology & Infrastructure · Applications & agents

Anthropic’s Claude Designs More Efficient Quantum Circuits With Automated Feedback

Technology & Infrastructure · Models & LLMs

AWS Takes Aim at Nvidia’s PyTorch Advantage While Nvidia Expands Open-Weight Nemotron Models for Agents

closeup photo of 100 US dollar banknotes
Business & Markets

ASI Secures $325M Series C at $3B Valuation to Scale AI for Physical Infrastructure

An American flag with white stars on a blue field above red and white stripes
Policy & Government

U.S. Orders Federal Agencies to Remove DeepSeek AI Products Over National Security Concerns

The AI economy, every weekday morning

The daily briefing on LinkedIn. Free, one tap to follow.

Exclusives

Exclusive

South Korea’s AI G3 Strategy: Decoded

Scale-ups to Watch

10 Switzerland-Based AI Scale-Ups You Need to Know in 2026

network, blockchain, digital, hand, web, community, artificial, intelligence, steering, interfaces, bokeh, future, digitization, transformation, change, blockchain, blockchain, blockchain, blockchain, blockchain, transformation
Exclusive

Why Crypto Could Be AI’s Payment Layer: BlackRock Sees Stablecoins Connecting Commerce and Compute

AI Predictions
Exclusive

Why AI Predictions Often Get The Technology Right But The Timeline Wrong

Scale-ups to Watch

10 CEE & Baltics-Based AI Scale-Ups You Need to Know in 2026

More in Technology & Infrastructure

Latest from the same section
Business & Markets · Enterprise

Anthropic and Nscale Reportedly Near Second $45B AI Compute Deal

1 day ago
Technology & Infrastructure · Data centres & compute

xMEMS Begins Mass Production of Solid-State Cooling Chips for Edge AI and Data Centers

1 day ago
Technology & Infrastructure · Data centres & compute

Economist Estimates AI Buildout Would Need $3.55 Trillion in Annual Revenue

9 Oct 2026
Business & Markets · Startups

Veir Raises $110M in Series C Funding to Scale Superconducting Power Systems for AI Data Centers

8 Oct 2026

The AI economy, every weekday morning

The daily briefing plus the weekly Scale-ups to watch edition. Free, no spam, unsubscribe any time.