Indian American Real Estate Tycoon Anita Verma-Lallian signed a $ 51 million data center deal in Arizona
A data center investment fund Arizona Land Consulting (ALC) led by Indian American real estate investor Anita Verma-Lallian has recently closed down on a $ 51 million land deal, strengthening its position as a driving force in the AI Infrastructure Race in Arizona. Famous Silicon Valley Venture Capitalist Chamth Palihapitia also joined the investment group supporting the deal, along with other major technical investors. “Partnership with Chamath [Palihapitiya] Represents more than just capital. This is a alignment of vision for the AI future of America. When you have Bill Gates built their smart city Next Door and Tech Titans, selecting Arizona over Silicon Valley, it is clear that we are seeing a historical change. It is an acquisition of $ 51 million. An announcement is that the future of the AI infrastructure on Arizona soil will be created, ”Verma-Lallian of the real estate firm Erizona Land Consulting (ALC) said about the deal.In a press release, ALC stated that the partnership highlights the growing pace behind Arizona because the US is the next sub -center for AI and advanced computing.“Investing in AI Infrastructure is not only important to solve our economic challenges, it is a matter of national security. The project can adjust more than 1GW and ideally is located to continue to support the leadership of America in AI for us. This data center project is under the leadership of a great team – I am a partner with Anita. [Verma-Lallian] And do more over time. Born in Sri Lanka, Canadian American investor and CEO of Social Capital, Palihapitia said.A press release by Arizona Land Consulting states that a press release by Arizona Land Consulting states that a press release by Arizona Land Consulting states that the transaction for Verma Lallian’s strategic vision is the second transaction to meet the growing demand of A-Taiyar real estate.According to the press release, major factors running the ALC acquisition include energy innovation including partnership in waterless cooling technology for data centers and the discovery of next-gene power sources such as fusion and renewal; A pro -development environment in the state of Arizona; A major land property between the state’s technical bounce and a disaster resistant geography that is ideal for mission-mating data centers.“AI opportunity can only occur if we have a infrastructure to support it. The suitable land for the development of the data center is in low supply, and it is the most attractive project I have seen. Dya is partnership with ALC as there is going to be a huge lack of calculations for the coming years,” Ethan Aggarwal, Managing Partner, said, said that said.
