Jabil and Adani Form AI Venture
Apple supplier Jabil and Adani Enterprises signed an agreement for a joint venture to manufacture AI and data center equipment in India. The proposed partnership aims to produce advanced servers, cooling systems, and networking hardware.
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JABIL INC and ADANI ENTERPRISES LTD signed a non-binding framework agreement on Tuesday morning for a 50:50 joint venture to manufacture AI and data center equipment in India. The partnership targets the expanding domestic digital infrastructure market as artificial intelligence demand accelerates across the region. The venture aims to capture growing regional demand driven by major technology firms and cloud providers scaling operations in the country.
