Nov 26 (Reuters) - A Reliance Industries joint

venture will invest $11 billion over five years to develop 1

gigawatt of AI data capacity in the southern Indian state of

Andhra Pradesh, the companies and the state's government said on

Wednesday.

Canadian multinational company Brookfield Corporation ( BN )

and U.S.-based real estate investment trust Digital

Realty ( DLR ) are the other partners involved in the joint

venture, called Digital Connexion.

The project aims to establish an AI-native data centre

campus across 400 acres of land in Andhra Pradesh's

Visakhapatnam city.

In October, Google disclosed it will build AI

data centre capacity in Visakhapatnam over five years, set to be

the tech major's largest-ever AI hub outside of the U.S.

The recent boom in AI, which requires vast amounts of

computing data, has fuelled a corporate rush to pour money into

the technology globally and has led to an unprecedented growth

in data centres across the world.

India's data centre capacity is expected to more than triple

to 4.5 gigawatt by 2030 from current levels, according to real

estate consultant Colliers.

Last week, Indian IT firm TCS also unveiled a

partnership with private equity firm TPG to invest $2

billion in equity to form a joint venture aimed at developing AI

data centres.