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CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa Networks - The Economic Times
India's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. This AI acceleration cloud provider recently raised $1.2 billion. Neysa is set to scale up its operations. The company plans to deploy over 20,000 GPUs in India. This move supports the nation's AI ambitions.
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