News Report Technology
November 21, 2023

India’s NeevCloud Unveils Country’s First Indigenous AI SuperCloud

In Brief

Indian cloud infrastructure company NeevCloud launched its first AI SuperCloud, to make the country self-reliant on AI and supercomputing.

India’s NeevCloud Unveils Country’s First Indigenous AI SuperCloud

Indian cloud infrastructure company NeevCloud today launched India’s first AI SuperCloud, with an aim to make the country self-reliant on AI and supercomputing. The platform aims to help users resolve the country’s core challenges through its AI cloud infrastructure including 40,000 GPUs and storage worth $1.5 billion by 2026.

“At NeevCloud, we envision a future where India not only leads but empowers the world with innovative technology. Our mission is to democratize AI cloud computing, making it accessible to all enterprises and startups across India, and fostering the growth of Made in India AI,” said NeevCloud’s founder & CEO, Narendra Sen.

AI will contribute USD 967 billion to the Indian economy by 2035 and $450-500 billion by 2025, constituting 10% of the targeted $5 trillion GDP by 2027, as per India’s Ministry of Information and Technology (MeitY) India AI 2023 report.

It is believed that while India’s Ministry of Micro, Small & Medium Enterprises (MSMEs) will be the primary drivers of this economic boost, however, it face challenges related to affordability, billing, transparency and personalized support, the report added.

“Our AI SuperCloud stands as a testament to Indian innovation, and we believe our journey has the potential to power not only our nation, but users across the world who need cutting-edge but affordable cloud solutions to power their AI and ML workloads. Our aim is to create next-generation cloud infrastructure in India that will fuel the vision of making India into a $5 trillion economy,” Sen added.

According to NeevCloud, the plan is to address these obstacles and democratize access to AI and supercomputing for enterprises and startups. The company has introduced the ‘AI Supercomputing as a Service’ model, offering the world’s lowest prices for Cloud GPUs at $1.69/hour, potentially reducing costs by up to 50%.

This initiative aims to help businesses to make use of the potential of generative AI and deploy large language models (LLM) for diverse use cases.

Addressing Data Center’s High Power Consumption Issues

According to the company, existing data center infrastructures are inefficient at handling demanding workloads of AI, ML and HPC projects, which can consume up to a staggering 80KwH of power, starkly contrasting the typical 10-20KwH of power used for regular workloads.

This power-intensive environment leads to excessive heat generation, causing operational complications, and rising operating costs.

To tackle such an issue, NeevCloud introduced an indigenous patented solution: Varuna, a liquid immersion cooling system to addresses high rack density heat concerns by submerging servers in a coolant, resulting in a remarkable reduction of Power Usage Effectiveness (PUE) from 1.5 to 1.05, achieving sustainability.

This not only resolved the heat issue but also had a cascading effect, reducing cooling costs by 90% and overall expenses by 50%, said NeevCloud.                                                                                                              

It further allows NeevCloud to cater to the specific needs of industries such as BFSI, automotive and healthcare by creating SuperClusters. This confidential machine learning approach empowers businesses of all scales and research institutions to advance their AI strategies with a focus on accessibility, environmental impact, support, self-reliance, and innovation in cloud and AI technologies within the Indian market.

The company plans to establish data centers in key Indian cities, including Mumbai, Chennai, Hyderabad and Noida, with a vision to achieve 100% clean energy across all facilities.

According to NeevCloud, the company’s AI SuperCloud promises results at 10x speed, coupled with a 50% reduction in costs, currently the lowest globally for Cloud GPUs.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Kumar is an experienced Tech Journalist with a specialization in the dynamic intersections of AI/ML, marketing technology, and emerging fields such as crypto, blockchain, and NFTs. With over 3 years of experience in the industry, Kumar has established a proven track record in crafting compelling narratives, conducting insightful interviews, and delivering comprehensive insights. Kumar's expertise lies in producing high-impact content, including articles, reports, and research publications for prominent industry platforms. With a unique skill set that combines technical knowledge and storytelling, Kumar excels at communicating complex technological concepts to diverse audiences in a clear and engaging manner.

More articles
Kumar Gandharv
Kumar Gandharv

Kumar is an experienced Tech Journalist with a specialization in the dynamic intersections of AI/ML, marketing technology, and emerging fields such as crypto, blockchain, and NFTs. With over 3 years of experience in the industry, Kumar has established a proven track record in crafting compelling narratives, conducting insightful interviews, and delivering comprehensive insights. Kumar's expertise lies in producing high-impact content, including articles, reports, and research publications for prominent industry platforms. With a unique skill set that combines technical knowledge and storytelling, Kumar excels at communicating complex technological concepts to diverse audiences in a clear and engaging manner.

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Bithumb Lists Bonk And Zeta Chain Tokens, Enables BONK And ZETA Trading With Won Starting Today
Markets News Report Technology
Bithumb Lists Bonk And Zeta Chain Tokens, Enables BONK And ZETA Trading With Won Starting Today
May 16, 2024
From Digital Dollars to Digital Yuans: Unraveling the Global Race Towards CBDC Adoption
Business Markets Stories and Reviews Technology
From Digital Dollars to Digital Yuans: Unraveling the Global Race Towards CBDC Adoption
May 16, 2024
USDT at the Center of $2 Billion Illegal Foreign Exchange Scheme Crackdown in China
Business Markets Technology
USDT at the Center of $2 Billion Illegal Foreign Exchange Scheme Crackdown in China
May 16, 2024
Bitcoin Could Reach $74,000 As US Inflation Declines And Institutional Demand For BTC Grows, Suggests QCP Capital
Markets News Report Technology
Bitcoin Could Reach $74,000 As US Inflation Declines And Institutional Demand For BTC Grows, Suggests QCP Capital
May 16, 2024