Nidar Infrastructure to go public via a SPAC merger with Cartica in a $2.75bn deal.

Nidar Infrastructure, a data center provider for artificial intelligence and high-performance compute, agreed to go public via a SPAC merger with Cartica, a blank check company, in a $2.75bn deal. "Through its Yotta data centers, Nidar is India's leading data center provider for AI and high-performance compute. Yotta designs, builds and operates Tier III and IV data centers in India, which offer both colocation and hyperscale services and cloud and managed services. With our priority access to industry-leading GPUs through our partnership with the world's leader in high-performance compute, together with the added ability to access US capital markets, Yotta is poised to capture long-lasting demand from cloud infrastructure and AI," Sunil Gupta, Nidar CEO and Co-Founder.