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Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom

The Hiranandani Group-backed ⁠firm is looking to file draft IPO papers in October and aims to raise up to $1.5 billion to repay debt, buy graphics ‌processing units and expand sovereign cloud infrastructure that keeps data within national borders, he said.

Source: The Hindu BusinessLinerss
Read the original at The Hindu BusinessLine

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Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom
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