AM Intelligence Orders 9,000 NVIDIA Rubin GPUs to Launch Asia’s First Frontier AI Cluster in Hyderabad

AMI has placed binding order for ~9,000 NVIDIA Rubin GPUs deployed as Vera Rubin NVL72 rack-scale systems in its first AI Factory in Hyderabad, part of its 1 GW compute capacity globally

AM Intelligence ("AMI"), the AI infrastructure platform set up by Promoters of Greenko, is striving to become the World’s leading, intelligence infrastructure company, powering the AI economy through vertically integrated energy, compute and innovation.

AMI today announced first step towards this vision by placing a firm and binding order for Vera Rubin delivery in Q1 2027 at its first AI factory in Hyderabad. The order covers 9,000 NVIDIA Rubin GPUs deployed as Vera Rubin NVL72 rack-scale systems for the 30 MW of capacity and will make AMI’s Hyderabad AI Factory as one of the first frontier AI compute clusters in Asia.

The Hyderabad facility will be the first tranche of AMI's planned 1 GW of Compute-as-a-Service capacity across India, the United States, Finland and Malaysia. AMI plans to bring an initial 200 megawatts (MW) of capacity to market in the near term, involving capital expenditure of more than USD 8 billion.

Anil Chalamalasetty, Chairman, AM Intelligence, said: “For over two decades, we have focused on transforming electrons into value — addressing critical and emerging societal needs. Today, the electron-to-token opportunity allows us to take this capability further, converting power infrastructure into frontier AI compute at scale. Bringing latest generation NVIDIA Vera Rubin to India marks the next step in this journey and establishes AMI at the forefront of the emerging AI electron-to-token economy.”

By integrating NVIDIA Vera Rubin architecture with high-throughput RDMA over Converged Ethernet (RoCE) networking for fast, efficient data movement, and advanced storage systems, the Hyderabad AI Factory is being designed to run some of the world’s largest and most sophisticated AI models, including trillion-parameter models and next-generation agentic AI applications.

NVIDIA Vera Rubin NVL72 introduces NVFP4, a new low-precision computing format designed to run AI workloads more efficiently, alongside next-generation High Bandwidth Memory (HBM4). The architecture is designed to reduce AI inference token-serving costs by up to 10 times compared with the preceding NVIDIA Grace Blackwell generation. AMI’s Hyderabad AI Factory is being engineered to deliver approximately 450 exaFLOPS of NVFP4 inference compute, providing massive computing capacity for running advanced AI models at scale.

AMI: Building Toward 5 Gigawatts

Over the last two decades, our focus has been on electron valorisation, creating progressively greater value from energy across energy management, molecules and metals, and now AI tokens, the units of information processed and generated by AI models. This end-to-end approach has been central to our philosophy of addressing critical and emerging societal needs.

Today, intelligence has reached the status of permeating humankind’s lives on a daily basis. AMI, as a strategic builder of long-term heavy assets, will leverage its unique power solutions, capex advantage and access to next-generation NVIDIA AI infrastructure to deliver highly cost-competitive electron-to-token economics by integrating energy infrastructure with the computing capacity required to train and run AI models. This will enable wider deployment of AI with a collaborative service offering spanning across hyperscalers, neo cloud providers, sovereign AI initiatives, frontier labs, AI natives and local developer communities.

AMI is developing 5 GW of powered AI data centres across India, the United States and Europe. These facilities are being designed for high-density AI computing, using liquid cooling to manage the significant power and heat requirements of advanced AI chips, while allowing the infrastructure to accommodate successive generations of AI silicon. AMI also intends to bring 1 GW of Compute-as-a-Service capacity to global AI workloads with initial capacity of 200 MW coming online in short-term.

About AM Intelligence:

AM Intelligence (AMI) is building a full-stack AI infrastructure ecosystem spanning energy, data-center infrastructure, hardware, and customized AI models. Backed by Greenko's owned renewable generation and storage, AMI is developing gigawatt-scale, liquid-cooled compute capacity designed to serve global hyperscalers, frontier AI labs, enterprises, and India's sovereign AI initiatives — while widening chipset access for Indian developers building domestic and global AI solutions. AM Intelligence is developing 5 GW of powered AI data centres and 1 GW of Compute-as-a-Service across India, United States and Europe, with 200 MW of Compute-as-a-Service capacity coming to market in the near term.

AMI, promoted by the founders of Greenko, is building globally differentiated platforms across energy, molecules and AI with a focus on enabling next generation of intelligent infrastructure. On electrons, we are building a 50 GW energy infrastructure platform across 20+ states, spanning solar, wind, hydro and energy storage. We are also developing the world’s first interconnected energy storage platform, targeting 200 GWh of storage capacity across India.

On molecules, we are developing low-carbon molecule platform, including green ammonia, with a target of 5 Mtpa of green ammonia capacity across multiple locations in India. Our 1 Mtpa green ammonia project currently under construction is expected to be among the world’s largest RFNBO-compliant green ammonia facilities, supporting energy diversification for Global markets for multitude of use cases across power generation, mobility amongst others.

Bengaluru-based Remidio Secures US Patent for Wearable 3D Eye Imaging, Advancing Oculomics

Remidio Innovative Solutions Pvt. Ltd has been granted US Patent No. 12,611,103 for a 3D eye imaging technology built around a wearable form factor, smart glasses or a VR-style headset in place of a bulky slit lamp or ophthalmoscope.

The device folds more than five separate exams into one. Slit lamp imaging, fundus imaging, and diffused anterior segment imaging, among others, are normally done on separate instruments, this design does all of them, and it can capture images of the eye without pupil dilation, using infrared illumination in place of the bright visible light conventional instruments rely on for a clear view of the back of the eye.

"What used to need a slit lamp, an ophthalmoscope, and several specialised exams can now fit into something worn like a pair of glasses. We’re not just making the equipment smaller, we’re changing where an eye exam can happen. That's the kind of innovation we're always chasing at Remidio - technology that pushes the boundaries care." said Shanmuganathan Nagarajan, AVP of Research and Development at Remidio.

That combination - no dilation, wearable rather than desk-mounted, is what makes the patent relevant to Remidio's broader Oculomics push. The retina is one of the few places in the body where blood vessels can be seen directly, non-invasively, and without radiation. This is why retinal imaging is backed by growing research and clinical validation as the best way to screen for conditions well beyond the eye, cardiovascular disease, diabetes, kidney disease, and neurodegenerative conditions among them – in a fast evolving field of research called Oculomics. A lighter, dilation-free imaging device is a step toward taking that kind of screening out of the specialist's chair and closer to the patient, and eventually, the consumer.

Anand Sivaraman, CEO of Remidio, said "We keep asking the same question, what does it take to bring care closer to the patient, closer to the consumer, even into the home? With Oculomics and a wearable device that consolidates slit lamp and fundus imaging into one unit, without needing a fixed instrument in a specialist's room, is a great way to get there. It's the kind of problem we're always working on at Remidio, rethinking what the future of healthcare needs to look like."

About Remidio -

Today, the human eye is unlocking early insights into systemic health, and Remidio is at the forefront of this transformation. Remidio is a pioneer in AI-driven eye care, leading the shift from care of the eye to healthcare through the eye. As the first company to receive CDSCO approval in India for our adaptive ophthalmic AI, in addition to CE marking in Europe under Class II EU-MDR, we are redefining how diseases like diabetic retinopathy, glaucoma, and AMD are detected early, in close to patient contexts, while remaining confident of extending this to systemic disease detection such as CVD, CKD and liver diseases, in the future.

With CE-marked, FDA 510(k)-registered devices, our solutions have screened 16 million+ patients across 55 countries, integrating teleophthalmology and AI for fast, accurate diagnoses. Our innovative retinal imaging solutions ensure precision and efficiency in clinical workflows. Our journey began humbly - thanks to the chance meeting of our founder, with a mission driven ophthalmologist, who brought into focus the need for decentralizing eye testing with simple to use and affordable devices. That conversation, 15 years back, sparked a vision to make high-quality preventive care accessible to all. Guided by innovation, empathy, and a commitment to global impact, our journey is just beginning!

https://www.remidio.com/

DLI Scheme-backed Aheesa, Zigma Partner to Take Indigenous VIHAAN‑I Chip Nationwide

Aheesa Digital Innovations (Aheesa), a fabless semiconductor company, and The Zigma Technologies India (P) Limited (Zigma), an Indian technology, software, and e-governance services company, both headquartered in Chennai, have entered into a partnership with Zigma as the distribution partner to take VIHAAN-I, a first-of-its-kind indigenous networking chip, to market across India. Signed in the nation's financial capital Mumbai, this agreement brings together Aheesa's design capability with Zigma's to carry indigenous silicon to the market across India and beyond.

The partnership comes after Aheesa’s successful VIHAAN-I tape-out on Republic Day (January 2026) and first-pass silicon success on Independence Day (August 2026), achieved on its very first attempt. This chip will help reduce dependence on imported networking silicon and to support locally manufactured broadband devices. Taking a chip like this into the country's networks calls for a partner already embedded in the systems, and Zigma has spent close to three decades in precisely that terrain, delivering technology and e-governance infrastructure to OEMs, ODMs and government departments nationwide.

The chip will now proceed towards production, targeted for 2027, a significant milestone in India's efforts to build a homegrown semiconductor ecosystem, closely aligned with the Government of India’s Digital India and Atmanirbhar Bharat initiatives.

"This is a defining decade for India's semiconductor story, as we move from technology consumption to technology creation," said Sridharan Mani, Founder and CEO, Aheesa Digital Innovations. "At Aheesa, we dream beyond boundaries — building the capabilities, scale and industry that will shape India's semiconductor future. It is our vision to see Indian-designed chips serving both domestic and global markets. The partnership with Zigma brings together two companies with complementary strengths and a shared ambition for a Viksit Bharat."

For close to three decades, The Zigma Technologies India (P) Limited has been a trusted partner to government departments, OEMs and ODMs across India, turning technology into working infrastructure at national scale. Its work spans software, IT infrastructure, hardware and e-governance, alongside its own platforms and products, the foundation on which it now helps bring indigenous silicon to market.

"Zigma has worked at the intersection of technology and public infrastructure, building the systems that carry India's digital services to its people," said Raja Kathiravan, Managing Director, The Zigma Technologies India (P) Limited. "Indigenous silicon is the natural next layer of that infrastructure. In VIHAAN-I, we saw a homegrown broadband chip we could take straight into the systems we help build and in Aheesa, a partner who shares our conviction about what Indian engineering can achieve. Together, we intend to put Indian silicon at the heart of the country's digital backbone."

Aheesa's work spans indigenous semiconductor and networking technologies across telecom, broadband, cybersecurity and edge computing. This partnership now reflects the wider momentum in India's semiconductor design ecosystem, now scaling under Semicon 2.0 — the ₹1,27,500 crore programme approved in July 2026 to build a globally competitive supply chain across chip design, manufacturing, packaging and materials. As indigenous designs move from validation towards commercial adoption, it is partnerships like this, pairing Indian chip design with the reach to deploy it, that will help define how homegrown silicon scales.

CarbonStrong Raises ₹12.5 Cr. in Funding Led By IAN Angel Fund to Scale Low-Carbon Cement Innovation

Left to Right — Harsh Jain (Co-founder & CEO) and Vikramaditya Singh (Co-founder & COO); CarbonStrong

IAN Angel Fund, the evergreen fund of IAN Group, has led a ₹12.5 crore investment in CarbonStrong, a Bengaluru-based climate-tech startup developing low-carbon cement substitutes from industrial waste, with participation from Rainmatter, Social Alpha, Spectrum Impact and Full Circle Ventures. The seed round will support CarbonStrong in setting up its first production facility, expanding its team, undertaking further product development and testing, and moving from customer trials to commercial-scale production. The company aims to build a capacity of up to 100,000 tonnes a year over the next 2 years.

Founded in 2022 by Harsh Jain (Co-founder & CEO) and Vikramaditya Singh (Co-founder & COO), they have developed a portfolio of materials that can replace up to 50% of the cement used in concrete. The company says its solution is around 30% cheaper than cement and can also improve the durability of concrete.

Importantly for concrete manufacturers, CarbonStrong’s product can be used within existing plants and processes, meaning customers do not need to make major investments in new equipment to adopt it.

Cement is essential to modern construction, but it is also one of the biggest sources of carbon emissions, responsible for over 8% of global CO2 emissions. At the same time, hundreds of millions of tons of industrial wastes such as fly ash and slag are generated every year.

Some of these industrial wastes are already used to substitute cement in concrete, but existing solutions have limited capacity to replace cement while maintaining required performance.

CarbonStrong was founded with the aim of addressing this gap. The company takes industrial wastes and processes them into building materials that can replace a larger share of cement without requiring concrete manufacturers to change the way they operate.

Harsh Jain, Co-founder and CEO, CarbonStrong, said, “India will build most of its future in the next 25-30 years. We want every ton of that concrete to be stronger, cost-efficient, and lower in carbon footprint. This investment helps us take our now-proven technology to industrial scale.”

The company has already conducted several customer trials and paid pilots. Its materials have been used in demonstration projects across Bengaluru, Hyderabad, and Chennai.

The company is now looking to convert these early trials into long-term supply relationships with ready-mix concrete companies, builders and contractors. It is also targeting precast concrete and paver block manufacturers.

The fresh capital will help CarbonStrong build its production capabilities and expand its team as it moves from pilot projects towards commercial production.

CarbonStrong is also working to expand the range of industrial wastes that can be turned into useful cement substitutes. Its future plans include materials made from steel slag, copper slag, mine-tailings and other industrial byproducts. The company was also recognised by HCL ClimaForce in 2026 and by Avaana-Startup India-NITI Aayog AIM Grand Challenge for ClimateTech Innovation in 2025.

The company estimates that India's market for cement substitutes could reach around INR 25,000 crore by 2030.

The company's immediate focus is on India, with plans to eventually expand into other markets across the Global South. Its long-term ambition is to produce 10 million tonnes a year by 2035.

About CarbonStrong

CarbonStrong produces low carbon binders by upcycling industrial wastes to replace up to 50% cement in concrete. The binder is made by processing industrial wastes from coal, steel and other sectors into high-performance cementitious materials. It cuts cost and carbon footprint and maintains performance of concrete with no change to plants or process.

About IAN Angel Fund

IAN Angel Fund, the evergreen fund of IAN Group, is a SEBI-registered Category I AIF and part of India's leading early-stage investment platform, which pioneered angel investing in the country. Today, IAN invests through its Angel Fund and venture capital funds, backed by a network of approximately 500 investors, including iconic entrepreneurs and industry leaders from India and overseas. The platform enables founders to raise capital from ₹50 lakh to ₹50 crore as they scale, while offering investors a diversified early-stage portfolio across both emerging and growth-stage startups.

About IAN Group

IAN Group is India's largest horizontal platform for early-stage investments, comprising the IAN Angel Fund, BioAngels, and a series of SEBI-registered venture capital funds, including the US$100 million IAN Alpha Fund. IAN supports entrepreneurs with capital, mentoring by experienced founders, and access to global markets. Forbes has recognised IAN as one of the most iconic business and economic developments of Independent India over the last 75 years, alongside institutions such as LIC, NASSCOM, the RBI, and Naukri.com.

Finland’s SpaceTech Firm ICEYE Launches Indian Subsidiary to Deliver Sovereign SAR Intelligence and Boost Local Satellite Manufacturing

Finnish space technology company, ICEYE, has formally established its Indian subsidiary, ICEYE India, headquartered in New Delhi, to provide sovereign Synthetic Aperture Radar (SAR) intelligence and build local satellite manufacturing capabilities. This move directly supports India’s defence, surveillance, and Aatmanirbhar Bharat goals.

SAR can penetrate clouds, fog, and darkness, unlike optical satellites and delivers imagery as fine as 25 cm to 16 cm, supporting defence and disaster response. A "Sovereign SAR" means that the governments can own and operate SAR constellations for independent surveillance. ICEYE offers sovereign SAR systems to governments, enabling them to operate independent constellations

Best known for operating the world’s largest constellation of Synthetic Aperture Radar (SAR) satellites, ICEYE pioneered miniaturized SAR satellites under 100 kg, making radar imaging more cost-effective and scalable.

Key Highlights of ICEYE India

• Subsidiary launch date: August 24, 2026
• Location: New Delhi, India
• Immediate priority: Supporting India’s defence and intelligence customers with advanced SAR-based intelligence solutions
• Strategic alignment: Strengthens India’s sovereign intelligence capability and aligns with Aatmanirbhar Bharat
• CEO statement: Rafal Modrzewski emphasized “real engineering and manufacturing capability on the ground” in collaboration with government and local partners

Why SAR Technology Matters

• All-weather capability: Unlike optical satellites, SAR can capture imagery day or night, through clouds and vegetation
• Applications: Defence surveillance, environmental monitoring, disaster management, and insurance risk assessment
• Resolution: ICEYE’s SAR satellites deliver imagery with resolutions as fine as 16 cm, enabling persistent situational awareness

Strategic Importance for India

• Defence & Intelligence: Enhances India’s ability to monitor adversarial activity and secure borders
• Domestic Manufacturing: ICEYE India will build local production capacity, sourcing components from Indian suppliers and employing local engineering talent
• FDI Policy Fit: India allows up to 74% automatic foreign direct investment (FDI) in satellite manufacturing, facilitating ICEYE’s entry
• Global Context: ICEYE has supplied sovereign SAR systems to countries like Poland and tactical imagery to Ukraine, showcasing its credibility in defence partnerships

Risks & Considerations

• Technology Transfer: Success depends on how much ICEYE shares proprietary SAR technology with Indian partners
• Geopolitical Sensitivity: SAR intelligence is critical for military operations; balancing foreign ownership with sovereignty will be closely watched
• Competition: India’s own space ecosystem (ISRO, private startups) may compete or collaborate with ICEYE India

Quick Comparison: SAR vs Optical Satellites

SAR Satellites	Optical Satellites
Operate day/night, all weather	Limited by daylight & clear skies
Penetrates clouds & vegetation	Blocked by clouds, fog, or smoke
High revisit frequency	Lower revisit frequency
Useful for defence & disaster monitoring	Useful for mapping & visual imagery

About ICEYE 

Founded in 2014, by Rafał Modrzewski (CEO) and Pekka Laurila (CSO), ICEYE is headquartered in Espoo, Finland, with offices in Poland, Spain, Germany, UK, US, Greece, Japan, UAE, and Australia.

In 2019, ICEYE was recognized with the Finnish Engineering Award (2019) for breakthroughs in SAR miniaturization.

ICEYE sold SAR satellites to Brazil’s Air Force on 2020 and provided tactical imagery to Ukraine during the 2022 war. ICEYE signed a €200 million deal with Poland in 2025 for radar satellites and ground infrastructure.

ICEYE has positioned itself as a critical player in global defence and disaster intelligence, with its SAR constellation offering unmatched revisit times and imaging quality.