CORAL GABLES, Fla. — Nidar Infrastructure has entered into a strategic binding Memorandum of Understanding (MOU) with Tachyon9 Corporation to support the development of the Nakota AI Data Campus, a large-scale artificial intelligence infrastructure project designed to scale up to 1 gigawatt (GW) of capacity.
The agreement brings together Nidar Infrastructure, the parent company and majority shareholder of Yotta Data Services, with Tachyon9 as part of a broader vision to establish a publicly traded AI infrastructure platform through the proposed combination with Nixxy (NASDAQ: NIXX).
According to the announcement, the 15-year commitment is expected to contribute approximately $2.34 billion in revenue associated with the initial 100-megawatt (MW) deployment.
This first phase represents the foundation of the planned Nakota AI Data Campus, which is designed to support up to 1 GW of total capacity upon full development.
Nidar Infrastructure and Yotta to Serve as Foundational Strategic Partners
Under the proposed framework, Nidar Infrastructure and Yotta Data Services are expected to become foundational strategic partners in the Nakota project.
The partnership is expected to provide commercial demand, operational expertise, and access to one of the world’s most advanced AI infrastructure ecosystems.
Management believes that combining Nakota’s large-scale power infrastructure, Tachyon9’s development capabilities, Nixxy’s public market platform, and Yotta’s hyperscale AI expertise creates an opportunity to build a next-generation AI infrastructure company capable of addressing rapidly growing global demand for artificial intelligence computing.
Yotta Data Services, recognized as India’s largest operator of NVIDIA GPU compute infrastructure, is currently pursuing a pre-IPO financing round and targeting a public listing at a valuation of approximately $4 billion to $6 billion.
The company plans to raise between $600 million and $900 million in growth capital, reflecting increasing investor interest in AI infrastructure assets globally.
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Strategic Validation for the Nakota Project
The partnership with Nidar Infrastructure provides third-party validation for the Nakota AI Data Campus from an organization that has established itself as a major global AI infrastructure operator.
Under the MOU, Nidar’s U.S. affiliate is expected to become the anchor customer for the first 100 MW of capacity at Nakota while also participating as an economic partner in the project.
At full utilization of the initial deployment phase, the arrangement contemplates approximately $156 million in annual contracted infrastructure revenue.
The structure is expected to establish recurring cash flow while creating opportunities for future expansion, contributing an estimated $2.34 billion in revenue per 100 MW of utilized capacity.
The agreement also outlines a framework for deploying large-scale GPU compute infrastructure that could eventually be integrated into the broader platform.
This approach aims to create a vertically integrated AI infrastructure business spanning power generation, data centers, AI cloud services, and compute resources.
Management believes the proposed structure has the potential to evolve into a multi-billion-dollar AI infrastructure platform positioned to benefit from the accelerating global expansion of AI-related infrastructure.
Building a Public Company Focused on AI Infrastructure
The proposed combination between Tachyon9 and Nixxy is intended to establish a public company specifically designed for the AI economy.
Unlike traditional data center operators focused primarily on real estate and colocation services, the combined platform is expected to participate across multiple segments of the AI value chain, including:
- Power generation and energy infrastructure
- Hyperscale and edge data center development
- GPU compute deployment and AI cloud services
- Long-term contracted colocation revenues
- Strategic partnerships with global AI infrastructure operators
The inclusion of Nidar Infrastructure and Yotta Data Services is expected to strengthen this vision through hyperscale operational expertise, AI cloud capabilities, and established relationships across the global AI ecosystem.
“This agreement is much more than a customer relationship,” said Shahal Khan, Chairman and Chief Executive Officer of Tachyon9.
“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.
By bringing together the public market platform of Nixxy, the development capabilities of Tachyon9, and the proven hyperscale expertise of Yotta and Nidar, we are building a platform designed to deliver power, data center capacity, and AI compute at a scale capable of meeting the growing demands of the global AI economy.”
Nidar Infrastructure Highlights Global AI Expansion Vision
Darshan Hiranandani, Chairman of Nidar Infrastructure Limited and Co-Founder of Yotta Data Services, emphasized the significance of extending the company’s AI infrastructure expertise to the United States through the Nakota project.
“Yotta has spent years building the infrastructure, the partnerships, and the operational expertise to make sovereign AI compute a reality, first in India, and now on a global stage. Our partnership with NVIDIA is not a vendor relationship; it is a co-development of the AI infrastructure stack, from Blackwell Ultra silicon to DGX Cloud orchestration to the Shakti Cloud platform that enterprises and governments rely on.
The Nakota Data Campus brings this proven model to the United States at exactly the moment when America’s AI industry needs it most. We are bringing world-class hyperscale operational capability, a demonstrated NVIDIA technology partnership, and a track record of delivering at scale to this platform and we are committed to making Nakota a landmark in global AI infrastructure.”
Focus on Long-Term Shareholder Value
Management believes that the proposed Tachyon9-Nixxy combination, together with the strategic partnership involving Nidar Infrastructure, marks an important milestone toward creating a publicly traded AI infrastructure platform capable of operating across the entire AI value chain.
