Cartica notes rising AI demand and mentions agentic experiences in India.
“CONFIDENTIAL | 11 9/30/25 9/25/25 9/22/25 9/10/25 8/18/25 7/7/25 AI Cloud demand continues to outpace supply fueled by new model development, sovereign AI, hyperscaler investment and enterprise adoption Hyperscalers’ Large Capex Spend in 20252 RAPIDLY INCREASING GLOBAL DEMAND FOR AI SERVICES DRIVING DATA CENTER GROWTH 3 Recent News is Testament to Rising Demand for AI Services Data center growth is surging due to the massive growth in data, cloud adoption, AI, HPC, edge computing, e-commerce, FinTech, etc. Operational and compute costs will become critical to achieve optimal profitability $88 Billion2 $118 Billion1 $69 Billion4 $85 Billion3 $22 Billion6 $27 Billion5 OpenAI Opens First Office in India “AI Adoption in India has been amazing to watch – ChatGPT users grew 4x in the past year – and we are excited to invest much more in India!” – Sam Altman, OpenAI - CEO (Aug 2025) Microsoft Announces $3 billion Investment in India to Expand AI / Cloud “This is the golden age for systems when it comes to innovation.” – Satya Nadella – CEO (Jan 2025) Perplexity AI Says India is Largest User Base and Plan to Launch India Fund “We intend to set up a Perplexity fund and do more in India. India has a unique infrastructure like UPI that enables agentic experiences not seen in the West.” – Aravind Srinivas – CEO (Oct 2025) Big Tech’s AI spending projected to exceed $490 billion in 2026, cumulative $2.8 trillion through 20297 1. Assumes Q2 2025 capex is “reasonably representative” of spend”