New Delhi, Oct. 13 -- Adani Enterprises and US-based Jabil Inc. have signed a non-binding memorandum of understanding (MoU) to set up a 50:50 joint venture to manufacture artificial intelligence (AI) and data centre equipment in India, as the companies seek to tap growing demand for computing infrastructure in domestic and global markets.

The proposed venture aims to build a multi-gigawatt AI infrastructure manufacturing platform, covering AI racks, servers, storage, networking equipment, power distribution systems and liquid-cooling solutions. The agreement remains subject to definitive agreements, applicable approvals and customary conditions, the companies said.

The joint venture would also provide installation and commissioning serv...