Mar 22, 02:04 AM

Nvidia Backs Yotta with 20,000 H100s Chips in India's Largest AI Bet

Nvidia, the world's most valuable chipmaker, is making a significant investment in the artificial intelligence sector in India by backing a little-known startup called Yotta. This collaboration marks India's largest bet on AI to date. Yotta plans to purchase approximately 20,000 H100s, valued at $50,000/piece, of Nvidia's chips by June 2024. The first of these sought-after chips has already arrived in Mumbai. This move is part of a broader trend where companies like OpenAI and Google have invested billions of dollars in AI technology in the US. Yotta aims to provide substantial computing power to Indian companies looking to develop AI technologies.