![Netweb Technologies, Anant Raj say DeepSeek an ‘opportunity’ not a ‘threat’ Netweb Technologies, Anant Raj say DeepSeek an ‘opportunity’ not a ‘threat’](https://oscalenews.com/wp-content/uploads/2025/01/lars-kienle-IlxX7xnbRF8-unsplash.jpg)
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A similar announcement to the exchanges was put out by Anant Raj Ltd., stating that the emergence of platforms like DeepSeek will increase the need for more data centres, contrary to fears of a reduction as processing becomes more decentralised.
“As a leader in high-end computing, with AI as an important vertical, we view the emergence of DeepSeek s a significant opportunity for our business growth,” Netweb Technologies said in its exchange filing on Wednesday.
The company based this perspective on three key factors:
- DeepSeek paves the way for inclusive AI adoption, according to Netweb, thereby expanding the market further.
- Netweb’s AI solutions portfolio is designed to provide multi-GPU / APU platforms that cater to both inference and training architectures and
- The adoption of platforms like DeepSeek aligns with the interests of local governments and enterprises and will encourage the development of similar platforms within India.
The company also said that their fundamentals remain robust both technologically as well as financially.For the first nine months of financial year 2025, Netweb Technologies reported revenue growth of 60%. Its order book at the end of the December quarter stood at ₹360.3 crore. The company is also the lowest bidder (L1) in projects worth ₹348. crore and has a product pipeline of over ₹3,800 crore.“We remain focussed on surpassing our guidance and solidifying our leadership in the high-end computing space,” Netweb added.
On the other hand, Anant Raj cited media reports in stating that India’s data centre capacity is projected to experience significant growth, driven by increasing digitisation and data localisation trends.
“As AI applications move closer to the end user, the demand for distributed computing infrastructure will increase. We believe this trend will drive the need for more data centres and not fewer,” Anant Raj said.
Anant Raj is a real estate and data centre infrastructure company, whose primary source of revenue is the offering on the development of real estate and data centre businesses.
“The company’s real estate offering is unaffected by developments in AI,” Anant Raj’s statement said.
The filing further stated that Anant Raj is focused on the colocation business with majority of its ongoing capex dedicated to enhancing data centre infrastructure rack-level capacity. It also said that it is currently not offering Platform as a Service (PaaS) or Software as a Service (SaaS), and that their cloud offerings do not have an AI elements.
“Therefore, we do not expect technological advancements related to data computing or AI to have an impact on our offerings,” Anant Raj’s statement said.
Shares of Netweb Tech had ended at another 10% lower circuit on Tuesday, while Anant Raj fell another 20%, taking the one-month drop for the latter to 37%.
First Published: Jan 29, 2025 8:36 AM IST