CoreWeave (CRWV) once again caught the spotlight amid tech’s AI infrastructure race. This time, it is planting a flag in one of the world's fastest-growing AI markets. The company just announced a 240-megawatt data center project in Navi Mumbai, India, with AdaniConneX. This is a big deal. India's data center capacity is expected to explode from 2.2 gigawatts in 2025 to 12 gigawatts by 2030. CoreWeave wants a piece of that action.
The shift expands its operations outside of North America and Europe. It's also providing the company a first-mover advantage in a part of the world that is thirsty for compute power for AI applications.