<h1>USD 11 Billion JV to Build 1 GW AI Data Centres in Visakhapatnam, Boosting India's Digital Infrastructure</h1> A joint venture between Indian and foreign corporations has announced plans to invest approximately USD 11 billion (about Rs 98,000 crore) by 2030 to develop 1 GW of AI-focused data centres over 400 acres in Visakhapatnam, Andhra Pradesh. The investment is formalized through a Memorandum of Understanding with the Andhra Pradesh Economic Development Board, indicating governmental support and potential regulatory facilitation. This project follows another multinational technology company's recent USD 15 billion investment announcement for an AI hub in the same region, signaling significant foreign and domestic capital inflows into India's digital infrastructure sector, with implications for land use, energy regulation, and data governance.