ADANI, controlled by Gautam Adani, is seeking about $1.5 billion in loans to
fund its data‑center expansion, sources said. The AdaniConneX JV with EdgeConneX
is negotiating offshore financing with DBS Group, First Abu Dhabi Bank and MUFG.
ADANI plans roughly $100 billion of investment in data centers and other digital
infrastructure by 2035, leveraging its energy business. Mukesh Ambani's Reliance
Industries plans up to $110 billion over the next seven years for AI‑related
infrastructure.