NeevCloud has recently unveiled the inauguration of the nation’s inaugural AI supercloud. The primary objective of the company is to achieve self-sufficiency in artificial intelligence (AI) and supercomputing within India. This goal is aimed at addressing the fundamental difficulties faced by the country. To accomplish this, the company plans to implement an AI cloud infrastructure, consisting of 40,000 graphics processing units (GPUs) and storage valued at $1.5 billion, by the year 2026.
According to the India AI 2023 report by the Ministry of Electronics and Information Technology (MeitY), it is projected that artificial intelligence (AI) will contribute approximately USD 967 billion to the Indian economy by the year 2035. Additionally, it is anticipated that by 2025, AI will contribute between $450 billion and $500 billion, thereby constituting 10% of the targeted $5 trillion GDP by 2027. Micro, Small, and Medium Enterprises (MSMEs) are anticipated to play a pivotal role in fostering economic expansion in India. Nevertheless, several obstacles hinder their potential, including issues related to cost-effectiveness, invoicing, transparency, and tailored assistance.
NeevCloud endeavors to address these problems and promote equitable access to artificial intelligence (AI) and supercomputing resources for organizations and startups. This is achieved through the introduction of the ‘AI Supercomputing as a Service’ framework, which offers cloud GPUs at the most affordable rate globally, priced at $1.69 per hour. Consequently, this pricing structure enables a reduction in expenses by up to 50%. The utilization of generative artificial intelligence (AI) and the implementation of large language models (LLM) can provide enterprises with the opportunity to effectively utilize these technologies to address the distinctive difficulties faced by India.
Regarding the launch, Narendra Sen, the Founder and Chief Executive Officer of NeevCloud, expressed his vision for a future in which India assumes a leadership role and empowers the global community through the use of cutting-edge technology. The objective of our organization is to promote the democratization of AI cloud computing, ensuring its availability to corporations and startups throughout India, while also nurturing the development and expansion of domestically produced AI technologies. The AI SuperCloud developed by our organization serves as a notable example of Indian ingenuity. We are confident that our progress has the capacity to not only support the technological needs of our country but also cater to global consumers seeking advanced yet cost-effective cloud solutions for their artificial intelligence and machine learning tasks. The objective is to develop advanced cloud infrastructure in India, with the intention of supporting the goal of transforming India into a $5 trillion economy.
Based on the analysis conducted by IDC, it is projected that the public cloud services market in India would attain a value of $17.8 billion by the year 2027. NeevCloud, in alignment with its objectives, endeavors to establish a firm position in this market by capturing a market share of 25%.
The proliferation of artificial intelligence (AI) and generative AI applications, coupled with the advancements in high-performance cloud computing, has contributed to the escalating need for data centers in India capable of accommodating these computational tasks. The data center sector is undergoing a metamorphosis in order to offer specialized solutions that can effectively address the needs arising from artificial intelligence, cloud computing, and digital transformation. According to Rachit Mohan, APAC Lead for Data Center Leasing and India Lead for Data Center Transactions at JLL, the process of rearchitecting the data center business in order to address these requirements has the potential to enhance optimization and generate greater value within the sector.
Exploring Potential Advantages using NeevCloud
NeevCloud embarked on its trajectory by addressing a fundamental challenge that has afflicted the data center sector in relation to artificial intelligence (AI) and high-performance computing (HPC) workloads. The current infrastructure of data centers exhibits inefficiencies when it comes to managing the resource-intensive workloads associated with artificial intelligence (AI), machine learning (ML), and high-performance computing (HPC) projects. These projects can consume an exceptionally high amount of power, reaching up to an astonishing 80 kilowatt-hours (KwH), which is significantly more than the average power consumption of 10-20 KwH for routine workloads. The high power demand in this particular setting results in the production of an excessive amount of heat, which subsequently leads to various operational challenges and an increase in operating expenses.
In order to address this issue, NeevCloud has developed an entirely indigenous and patented technology known as Varuna, which is a pioneering liquid immersion cooling system. Varuna’s technological solution effectively mitigates the heat-related challenges associated with high rack density by immersing servers in a coolant. This approach yields a significant decrease in Power Usage Effectiveness (PUE) from 1.5 to 1.05, hence attaining commendable levels of sustainability. Not only did this successfully address the heat problem, but it also resulted in a subsequent reduction of cooling expenses by an impressive 90% and an overall cost reduction of 50%.
NeevCloud has the capability to provide secret machine learning through the establishment of SuperClusters, which effectively distribute resources to firms operating in the BFSI, automotive, and healthcare sectors. This technology possesses the capability to support organizations of various sizes, academic institutions, and a wide range of industries in enhancing their artificial intelligence initiatives.
The primary objective of NeevCloud is to address key consumer challenges in India pertaining to accessibility, environmental sustainability, customer service, self-sufficiency, and the promotion of innovation in cloud and artificial intelligence (AI) technologies specifically within the Indian market. The use of high-performance computing can facilitate the expeditious advancement of artificial intelligence and machine learning applications in various domains. Notably, it can aid organizations in accelerating the creation of use cases such as fraud detection, algorithmic trading, and risk modeling within the financial services sector. Additionally, high-performance computing can enhance high-resolution medical imaging, genomics and sequencing, as well as drug discovery in the healthcare industry. Within the automobile sector, the integration of autonomous driving, design and production, and predictive maintenance can serve as a catalyst for advancement.
Manufactured in India, Designed for Global Consumption
NeevCloud is not only revolutionizing the technology environment of India, but also exerting a transformative influence on the future. NeevCloud’s AI SuperCloud offers accelerated results at a rate ten times faster than conventional methods. Additionally, it provides a notable cost reduction of 50%, which is currently the most competitive in the global market for cloud GPUs. NeevCloud strategically utilizes Tier IV data centers and places emphasis on minimizing carbon emissions. Furthermore, the company distinguishes itself by offering 24/7 individualized human assistance, maintaining transparent invoicing procedures, and providing a comprehensive range of high-quality enterprise-level technology.
Taking the forefront in advocating for sustainability
NeevCloud maintains a steadfast dedication to sustainability and assisting clients in achieving their Environmental, Social, and Governance (ESG) objectives. The company operates its data centers by utilizing renewable energy sources and actively pursues environmentally sustainable practices to achieve carbon neutrality. NeevCloud’s objective is to establish data centers in Mumbai, Chennai, Hyderabad, and Noida, with the overarching goal of attaining complete reliance on renewable energy sources for their operations.
