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Southern Co Boosts Spending on AI Demand

Southern Co has increased its five-year investment plan as rising electricity demand from data centers and industrial users reshapes energy needs.

The utility now expects to spend about $81 billion between 2026 and 2030, marking a notable increase from its previous plan.

A significant portion of this investment will support expanded power generation to meet growing demand from technology-driven infrastructure.

Major technology firms are among the large customers seeking connections to Southern Co’s grid, reflecting the increasing energy requirements of data centers.

Executives noted that interest from potential high-capacity users continues to grow, highlighting the role of digital expansion in driving electricity consumption.

The updated spending outlook comes alongside rising operating costs and continued pressure on profit expectations.

TCS Wins OpenAI Data Centre Deal

Tata Consultancy Services has secured OpenAI as the first client for its emerging data centre business, marking a significant step in India’s expanding AI infrastructure landscape.

The agreement includes an initial allocation of 100 megawatts of capacity under the global Stargate initiative, a long-term project aimed at building advanced facilities for AI training and deployment.

The deal supports TCS’s strategic plan to invest up to $7 billion in a large-scale data centre network within India.

At the same time, Tata Group plans to roll out ChatGPT Enterprise across its operations over the coming years, beginning with a substantial workforce deployment.

India continues to attract major investment in AI infrastructure, with both global and domestic firms expanding their presence in the sector.

Global Tech Giants Pledge Billions to India AI

Major technology firms and industrial groups have announced large-scale investments in artificial intelligence infrastructure during the India AI Impact Summit in New Delhi.

Reliance Industries and its telecom arm Jio revealed plans to invest nearly $110 billion over the next seven years to build AI and data infrastructure. Meanwhile, the Adani Group committed $100 billion toward renewable energy-powered AI data centres by 2035, with expectations of stimulating an additional $150 billion across related sectors.

Microsoft reaffirmed its broader initiative to invest up to $50 billion by the end of the decade to expand AI capabilities across developing regions, with India playing a central role.

Data centre operator Yotta also pledged more than $2 billion to develop one of Asia’s largest AI computing hubs using advanced Nvidia technology.

Further collaboration includes Tata Consultancy Services securing OpenAI as its first client for a new data centre initiative, while Larsen & Toubro announced a partnership with Nvidia to build large-scale AI-ready infrastructure.

These commitments collectively signal a major acceleration in India’s ambition to establish itself as a global hub for artificial intelligence development.