It wasn¡¯t all play and no work during Mukesh Ambani¡¯s son Anant Ambani and Radhika Merchant¡¯s grand pre-wedding bash which was held in Jamnagar, Gujarat last month.?
With tech giants like Microsoft¡¯s Bill Gates and Meta¡¯s Mark Zuckerberg in attendance, it saw the biggies of the business world coming together under one roof. No points for guessing the men must have discussed business amid laughter and celebration!
In a fresh update reported by Economic Times, Meta is likely to build its first data center in India at Reliance Industries campus in Chennai.
The data center is intended to create local content for Facebook, Instagram, and WhatsApp. According to the report, the agreement between Mark Zuckerberg's company and Reliance was reached after discussions during the pre-wedding festivities of Anant Ambani and Radhika Merchant in Jamnagar in early March. However, the exact value of the deal remains unknown.
Meta will have the capacity to operate four to five nodes across various locations in India, facilitating faster data processing for the company. Presently, data from Indian users of Meta products is managed at its data center in Singapore. However, establishing a center in India will enhance local advertisements, thereby improving user experience and reducing transmission costs, sources familiar with the matter informed the outlet.
The 10-acre campus, situated in Chennai's Ambattur Industrial Estate, represents a three-way joint venture involving Brookfield Asset Management, Reliance Industries, and Digital Realty. It boasts a potential IT load capacity of up to 100 megawatts (MW).
Neil Shah, a partner at technology research firm Counterpoint Research, emphasized Meta's strategic focus on establishing greenfield data centers across key regions like Chennai, Mumbai, Hyderabad, and Delhi NCR. These centers are designed to meet Meta's robust infrastructure requirements, spanning from fiber connectivity to power supply.
"While India boasts the largest number of users, its market penetration remains relatively low compared to its installed smartphone user base of nearly 850 million," Shah remarked as per the ET report.
"Localizing user-generated content and advertisements is a prudent strategy as it promises to reduce latency, enhance AI-driven recommendations, and decrease transmission costs incurred from hubs like Singapore and others," he further added.