India, April 23 -- Indian infrastructure giant L&T (Larsen & Toubro) has incorporated a wholly owned subsidiary Vyoma.AI ltd in India formed to launch data centres and AI infrastructure, through which it can provide infrastructure and technology-enabled services.
Vyoma.AI was launched on April 22 with an authorised capital of Rs.5 Lakh. L&T, along with its nominee shareholders, have subscribed to 100% equity shares of the new subsidiary.
"VAL is formed for the purpose of establishing data centres and AI Infra for providing Infrastructure and Technology enabled Services," L&T said in an exchanges filing today.
Vyoma is a next-generation sovereign AI cloud and digital infrastructure platform by L&T, which will bring expertise in hypersca...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.