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Greenko promoter-backed AM Intelligence is exploring a $1 billion-plus equity raise, with Morgan Stanley advising, sources told Moneycontrol.
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Moneycontrol•19-10-2026, 20:59
AM Intelligence Explores Major Equity Raise Exceeding One Billion Dollars
  • •AM Intelligence, backed by Greenko Group promoters, is evaluating a mega fundraise of over one billion dollars in equity to accelerate its growth and expansion plans.
  • •The firm is deploying one of Asia's first frontier AI compute clusters powered by NVIDIA Vera Rubin GPUs at its Hyderabad factory.
  • •Investment bank Morgan Stanley is advising on the equity raise, while preliminary discussions are underway with Varde Partners and Apollo Global for debt funding.
  • •The company is developing gigawatt-scale liquid-cooled compute capacity and building a massive 50 GW energy infrastructure platform across India.

Key Questions Answered

AM Intelligence, an AI infrastructure ecosystem backed by Greenko Group promoters, is evaluating an equity fundraise of more than one billion dollars. The firm is open to diluting a minority stake to facilitate its growth and expansion plans.

Investment bank Morgan Stanley is advising AM Intelligence on its equity raise. Additionally, preliminary discussions have been held with Varde Partners and Apollo Global to explore potential debt funding.

AM Intelligence has placed three firm and binding orders for India and Malaysia with deliveries scheduled by Q2 2027. This deployment brings its committed frontier compute to around 29,000 Rubin GPUs and roughly 100 MW of capacity.

AM Intelligence, backed by Greenko founders, considers stock sale exceeding one billion dollars