Adani-backed Sirius Digitech acquires cloud platform, CoreEdge.io
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AHMEDABAD:
Sirius Digitech Limited, a joint venture company of Adani Group and Sirius International Holding (Sirius), on Tuesday announced the acquisition of CoreEdge.io Private Limited, a AI and cloud platform company.
Coredge.io is a sovereign AI and cloud platform company offering secure, scalable, and compliant cloud solutions to government and enterprise clients.Founded as a bootstrap company in 2020, Coredge has rapidly expanded its client base across geographies like Japan, Singapore and India.
“As nations increasingly prioritise data security, it is more important than ever that organisations have the option to retain their data within national borders rather than relying solely on the public cloud. Sovereign Data Centers become extremely important for protecting sensitive information and maintaining national security, given the exponential growth in artificial intelligence-driven demand for computation and sovereign data stack,” said Jeet Adani, Director, Adani Group.
“An additional benefit of this acquisition is our ability to put AI capabilities directly in the hands of organisations that require specialised sovereign cloud services for AI training and inferencing,” he further went on to say.
Coredge is a promising venture with an innovative approach to sovereign cloud technology, offering highly secure, scalable and designed-for-AI cloud solutions tailored for government and enterprise clients.
“Partnering with Sirius can help us accelerate the development and delivery of advanced AI services while upholding security, privacy and digital sovereignty principles, helping customers across the globe drive technological transformation while complying with their data ethics principles,” said CoreEdge.io.
Coredge aims to build the complete solution stack for sovereign data centers that will include everything from bare metal servers to services, like Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) built on open-source technologies, to enable Sirius Digitech to provide Machine Learning as a Service (MLaaS) as applications get built on its infrastructure.