Solstice Data Signs Rs 52,600 Crore MoU for AI Data Centre in Kerala

Dubai-based Solstice Data has signed a Memorandum of Understanding to invest Rs 52,600 crore over five to seven years in an AI-driven high-performance computing data centre at Kerala's KINFRA Industrial Park in Mattannur, Kannur district. The company will develop its facilities on 100 acres allocated within the 175-acre park. The project aims to enhance Kerala's digital infrastructure and attract further technology investments, with support from state officials present at the signing ceremony.