Indian Data Center Stocks Surge Amid AI Ambitions

Indian data center-related stocks experienced a significant rally as Prime Minister Narendra Modi emphasized the country's aspirations to become a global leader in artificial intelligence. Bloomberg posted on X, highlighting Modi's remarks made during an event attended by prominent figures such as OpenAI’s Sam Altman and Anthropic’s Dario Amodei. The Prime Minister's statements underscored India's commitment to advancing its AI capabilities, which has positively impacted the market performance of companies involved in data center operations. This development aligns with India's broader strategy to position itself at the forefront of technological innovation.