Mumbai, Oct. 14 -- Adani Enterprises Limited has officially announced that it has signed a non-binding MoU with Florida-based American multinational Jabil Inc to set the framework for a proposed 50:50 joint venture to assemble artificial intelligence (AI) and data centre hardware in India.
According to the official statement, the proposed joint venture company would produce AI racks, servers, storage and networking gear, along with the power distribution units, liquid-cooling systems and transformers to keep such hardware running.
The proposed joint venture company is expected to have multi-gigawatt rack manufacturing capacity and offer installation as well as commissioning services.
However, the MoU is non-binding, and neither company h...