Key Takeaways:
A 15-year partnership with India's largest Nvidia GPU operator brings $2.34 billion in committed revenue and hyperscale operating expertise to a planned 1 GW AI data campus in the US.
Tachyon9 Corp. signed a binding memorandum of understanding with Nidar Infrastructure Ltd., the parent company of Yotta Data Services, to anchor the first 100 megawatts of the Nakota AI Data Campus — a deal expected to generate approximately $2.34 billion in revenue over 15 years, the companies said Monday. The initial phase represents roughly $156 million in annual contracted infrastructure revenue at full utilization, with the broader campus designed to scale to as much as 1 GW of total capacity.
"This agreement is much more than a customer relationship," Shahal Khan, chairman and chief executive officer of Tachyon9, said. "It represents strategic validation from one of the world's leading AI infrastructure operators and serves as another important building block in the creation of a publicly traded AI infrastructure company."
Yotta Data Services, India's largest operator of Nvidia GPU compute infrastructure, controls an estimated 60 percent to 70 percent of the country's deployed GPU capacity. The company operates three hyperscale data center campuses in Navi Mumbai, Gujarat and Greater Noida, with a fourth planned in Telangana. In February, Yotta announced a $2 billion-plus investment to deploy 20,736 liquid-cooled Nvidia Blackwell Ultra GPUs at its Greater Noida campus, backed by a four-year Nvidia DGX Cloud engagement valued at over $1 billion. The company is pursuing a pre-IPO financing round and targeting a public listing at a $4 billion to $6 billion valuation, with plans to raise $600 million to $900 million in growth capital.
Why Yotta's operating model matters for Nakota
The partnership brings more than commercial demand. Yotta's Shakti Cloud platform, built in partnership with Nvidia, is India's first sovereign AI infrastructure platform, enabling enterprises and government agencies to develop large language models entirely within the country. The company has allocated more than 10,000 GPUs to the Government of India's IndiaAI Mission. Darshan Hiranandani, chairman of Nidar Infrastructure and co-founder of Yotta, described the Nvidia relationship as "a co-development of the AI infrastructure stack, from Blackwell Ultra silicon to DGX Cloud orchestration to the Shakti Cloud platform."
Under the MOU, Nidar's US affiliate will serve as both anchor customer for the initial 100 MW phase and an economic partner in the project. The agreement also outlines a framework for deploying large-scale GPU compute infrastructure that could be integrated into the broader platform, creating a vertically integrated business spanning power generation, data center development, AI cloud services and compute resources.
Building a public AI infrastructure platform
The Tachyon9-Nidar partnership supports the proposed combination of Tachyon9 with Nixxy Inc. (NASDAQ: NIXX), a publicly traded AI communications and data infrastructure company. Tachyon9 is contributing approximately $64 million in equipment, land option rights for the Nakota project and a signed letter of intent for the entire 1 GW development. Management said the combined entity would participate across multiple layers of the AI value chain — power and energy infrastructure, hyperscale and edge data center development, GPU compute deployment and AI cloud services — rather than focusing solely on real estate and colocation like traditional data center operators.
The deal arrives as demand for AI compute capacity outstrips supply globally, with hyperscalers and sovereign entities racing to secure power and data center space. Yotta's pre-IPO plans underscore the investor appetite for AI infrastructure assets: the company is targeting a $4 billion to $6 billion valuation, a range that would position it among the larger publicly traded data center operators focused on AI workloads.
For Nixxy shareholders, the partnership provides a revenue anchor for the Nakota project's first phase and a pathway to additional capacity commitments as the campus expands toward its full 1 GW buildout. The companies did not disclose a timeline for the initial phase's completion or the closing of the Tachyon9-Nixxy combination.
This article is for informational purposes only and does not constitute investment advice.
