Sify earmarks $5 billion to expand data hubs, add AI ops and GPUs
Sify Technologies has earmarked $5 billion investment over the next five years to expand data centres, modernise internal systems with AI Ops, acquire GPUs and compete with large data centre and telecom incumbents, Raju Vegesna, its chairman and MD, said in an interview to ET. The company plans to build smaller AI inferencing facilities in 20 tier-II cities as India is expected to be among the largest markets of AI services and inferencing rather than training, Vegesna said who is helming the only Indian company listed on Nasdaq besides Infosys.
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Edited excerpts:
What are Sify’s plans going forward?
Sify started as the first private internet service provider. Then, we deployed enterprise network and cloud, followed by digital transformation. In 2025, we start the journey of AI innovation at the core. Our concept is — all the three Sify entities across network infrastructure, data centres and colocation, and digital services, are going to be driven by AI.
We have a potential roadmap to invest $5 billion in the next 5 years in our major data centre, tier-2 data centres, our network expansion, and also our cloud platform and GPUs. We are going to invest in data centres not only in the 6-7 metros but in the next 10-20 tier-2/tier-3 cities like Lucknow, Chandigarh, Nagpur with
