NeevCloud launches the country’s first Made in India AI SuperCloud
NeevCloud, has announced the launch of the country’s first AI
SuperCloud. The company aims to make India self-reliant on AI and
Supercomputing and help users in resolving India's core challenges by deploying
AI cloud infrastructure including 40,000 GPUs and storage worth $1.5 billion by 2026.
MeitY’s India AI 2023 report
expects AI to add USD 967 billion to the Indian economy by 2035 and $450-500
billion by 2025 accounting for 10% of the $5 trillion GDP target by 2027. MSMEs
are expected to be the major contributors to the growth in India however there
are challenges in terms of affordability, billing, transparency, and
personalized support.
NeevCloud aims to solve these challenges and
democratize access to AI and supercomputing for all enterprises, startups by
introducing ‘AI Supercomputing as a Service’ model and providing the world’s
lowest prices for Cloud GPUs at $1.69/hour reducing costs by up to 50%. It can
enable companies to leverage Generative AI and deploy Large Language Models
(LLM) across various use cases capable of solving India’s unique challenges.
About the launch, Narendra Sen, Founder & CEO,
NeevCloud, said, "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. 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."
According to IDC, India’s
public cloud services market is expected to reach $17.8 billion by 2027, and
NeevCloud aims to secure a 25% market share.
“The growth of AI and Generative AI applications
and high-performance cloud computing is adding to the increasing demand for
data centers in India that can support these workloads. The data center
industry is evolving to provide specialised solutions to meet these demands
driven by AI, cloud computing, and digital transformation. Rearchitecting the
data center industry to meet these needs can lead to better optimization and
value creation in the data center industry,” said Rachit Mohan, APAC Lead, Data
Center Leasing & India Lead, Data Center Transactions, JLL.
Unlocking
Opportunities with NeevCloud
NeevCloud
began its journey by solving a fundamental issue plaguing the data center
industry when it came to AI and HPC workloads. 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 this problem, NeevCloud created an entirely indigenous patented
solution: Varuna, a groundbreaking liquid immersion cooling system. Varuna's
technology efficiently 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 exceptional sustainability.
This not only resolved the heat issue but also had a cascading effect, reducing
cooling costs by an astounding 90% and overall expenses by a significant 50%.
NeevCloud
can also enable confidential machine learning by creating SuperClusters that
directly allocate to the BFSI, automotive, and healthcare organizations. It has
the potential to assist businesses of all scales, research institutions, and
diverse industries in advancing their AI strategies.
NeevCloud aims to solve fundamental customer
problems in India related to accessibility, environmental impact, support,
self-reliance, and fostering innovation in cloud and AI technologies within the
Indian market. It can help companies accelerate the development of
high-performance computing use cases of AI/ML like fraud detection, algorithmic
trading and risk modeling in the financial services industry; high-resolution
medical imaging, genomics and sequencing, and drug discovery in the healthcare
industry. In the automotive industry, it can facilitate the development of
autonomous driving, design and manufacturing, and predictive maintenance.
Made in India,
Made for the World
NeevCloud isn't just redefining India's
technological landscape; it's reshaping the future. With results delivered at
10x speed which is possible with NeevCloud’s AI SuperCloud and a 50% cost
reduction, the lowest in the world for Cloud GPUs. NeevCloud leverages Tier IV
data centers and also focuses on reducing carbon emissions. Moreover, it sets
itself apart with round-the-clock personalized human support, transparent
billing practices, and a robust arsenal of enterprise-grade hardware.
Leading the
Charge for Sustainability
NeevCloud remains committed to sustainability and
helping clients meet their ESG goals. It operates its data centers using clean
energy and striving towards clean and carbon-neutral operations. NeevCloud aims
to set up data centers in Mumbai, Chennai, Hyderabad, and Noida and plans to
achieve 100% clean energy across all of them.
Leave A Comment