Gorilla Technology & Yotta Sign Landmark AI Infrastructure Deal, Establishing Major Position in India's Sovereign AI Buildout

Rhea-AI Summary

Gorilla Technology (NASDAQ: GRRR) signed binding agreements with Yotta on March 16, 2026 to deploy approximately 640 NVIDIA HGX B200 servers with more than 5,000 GPUs in India. The deployment is expected to contribute more than $500 million in revenue over the next five years.

Gorilla will supply GPU infrastructure under a long-duration commercial model while Yotta will host and operate the GPUs at its Uptime Tier IV NM1 data centre in Navi Mumbai using NVIDIA Reference Architecture. Parties are exploring broader deployments that could extend beyond this initial project.

Positive

• Deployment of approximately 640 HGX B200 servers with >5,000 GPUs
• Expected revenue >$500 million attributable over next five years
• Long-duration commercial model establishing Gorilla as Yotta infrastructure partner
• Opportunity to expand with potential deployment beyond 5,000 additional servers

Negative

• Projected revenue is contingent on current commercial assumptions and execution

News Market Reaction – GRRR

+4.45%

12 alerts

+4.45% Session close to close

+3.3% Peak in 1 hr

$268.85M Market Cap

0.2x Rel. Volume

In the Mar 16 session, GRRR gained 4.45%, reflecting a moderate positive market reaction. Argus tracked a peak move of +3.3% during that session. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights a large-scale AI infrastructure deployment in India with Yotta, involvi...

Analysis

This announcement highlights a large-scale AI infrastructure deployment in India with Yotta, involving approximately 640 servers and over 5,000 GPUs, which Gorilla expects to generate more than $500 million in revenue over five years. It extends Gorilla’s AI infrastructure strategy into India’s sovereign AI buildout, complementing earlier regional contracts and partnerships. Investors may monitor contract execution, timing of revenue recognition, counterpart performance, and any follow-on projects such as the potential additional 5,000-plus servers discussed.

Key Figures

GPU servers deployed: approximately 640 servers GPUs for AI workloads: more than 5,000 GPUs Deployment revenue: more than $500 million +5 more

8 metrics

GPU servers deployed approximately 640 servers AI infrastructure deployment in India with Yotta

GPUs for AI workloads more than 5,000 GPUs Initial India AI infrastructure deployment

Deployment revenue more than $500 million Expected contribution over the next five years

India AI market size US$17 billion Expected market size by 2027

IndiaAI Mission funding more than US$1.1 billion Government-backed AI initiative in India

National GPU deployment 38,000 GPUs Planned deployment under IndiaAI Mission

Committed GPUs by Yotta 9,216 advanced GPUs Yotta’s public commitment to India’s sovereign AI effort

Potential additional servers more than 5,000 servers Explored broader deployment over the next year or so

Previous AI Reports

5 past events · Latest: Dec 08 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Dec 08	Strategic AI investment	Positive	-0.4%	Minority investment in Astrikos.ai to enhance AI infrastructure and India reach.
Oct 08	Product launch	Positive	+1.1%	Launch of quantum-safe SD-WAN platform for national AI and network security.
Sep 17	Major AI contract	Positive	+13.1%	$1.4B contract to build AI data centre backbone across Southeast Asia.
Sep 08	Government AI win	Positive	+5.2%	AI-first smart policing GPU-as-a-Service contract for national cybercrime bureau.
Mar 13	AI fund partnership	Positive	-7.3%	Named exclusive AI infrastructure partner to $100B Global Edge Fund, guidance raised.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

AI-related announcements for Gorilla have generally been positive catalysts, but price reactions have been mixed, with both rallies and selloffs following large AI contracts or partnerships.

Recent Company History

Over the past year, Gorilla has used AI-focused deals and partnerships to expand its infrastructure footprint. Prior AI news included a $1.4 billion Southeast Asia data center contract, government AI intelligence wins in APAC, a quantum-safe SD-WAN launch, and a strategic Astrikos.ai investment targeting India, USA, and UAE. These moves established Gorilla’s AI and data center strategy across regions; today’s India-focused GPU deployment with Yotta extends that AI infrastructure theme into a major new sovereign AI market.

Key Terms

gpu, ai workloads, sovereign ai, uptime tier iv, +4 more

8 terms

gpu technical

"to deploy GPU infrastructure in India of approximately 640 high-performance NVIDIA HGX B200 servers"

A GPU (graphics processing unit) is a specialized computer chip designed to handle many calculations at once, originally for rendering images and video but now widely used for tasks like artificial intelligence, data analysis and high-performance computing. Investors watch GPU demand and prices because strong sales often signal growth for chip makers and their customers, affect profit margins and capital spending, and can forecast wider trends in gaming, AI adoption and cloud services.

ai workloads technical

"640 high-performance NVIDIA HGX B200 servers with more than 5,000 GPUs for AI workloads."

AI workloads are the computing tasks and data processing needed to build, train, and run artificial intelligence systems—examples include teaching a model from data, running real‑time predictions, or sorting large datasets. They matter to investors because the size and complexity of these tasks drive demand for specialized chips, cloud services, and software: firms that handle AI workloads more efficiently can scale faster, cut costs, and improve profit potential.

sovereign ai technical

"opportunity be part of India's sovereign AI buildout through Yotta"

An AI system described as "sovereign" is built, hosted, or operated under a country’s legal and technical control so that data, code, and decision-making stay within that jurisdiction. For investors, sovereign AI matters because it affects which vendors can sell to governments or regulated industries, imposes compliance and infrastructure costs, and can create protected local markets—similar to a factory that must follow a nation’s building codes and can only sell to certain buyers.

uptime tier iv technical

"at its Uptime Tier IV NM1 Data Centre in Navi Mumbai"

Uptime Tier IV is the highest-level certification for data centers, indicating fully fault-tolerant systems that can continue operating during equipment failures and while being serviced. For investors, Tier IV is like owning a vehicle with a spare engine ready to run: it means much lower risk of costly downtime, can command premium customers or pricing, and signals higher initial and ongoing capital costs tied to reliability.

hyperscale technical

"Yotta operates two significant hyperscale campuses: a Greater Noida facility"

Hyperscale describes the ability of a system or operation to grow rapidly and handle extremely large amounts of work or data. It’s like a massive factory that can quickly expand its production capacity to meet soaring demand. For investors, hyperscale indicates a business’s potential to scale efficiently, often leading to increased growth and profitability.

bare-metal gpus technical

"including hyperscale GPU clusters, bare-metal GPUs, virtual machines"

Bare-metal GPUs are physical graphics processing units provided for exclusive use by a single customer, without software layers that divide or virtualize the hardware. For investors, they matter because exclusive access delivers higher and more predictable performance for demanding tasks like AI training and data processing, often improving cost-efficiency and security the way renting an entire house gives more control and reliability than sharing rooms in a dorm.

virtual machines technical

"bare-metal GPUs, virtual machines, AI lab workstations, serverless GPUs"

A virtual machine is a software-created computer that runs inside a physical server, allowing one piece of hardware to behave like many separate computers. For investors, virtual machines matter because they enable companies to scale computing capacity, reduce costs, and deploy new services quickly—similar to renting multiple apartments inside a single building instead of buying separate houses, which can improve efficiency and influence profitability and capital needs.

reference architecture technical

"operate the GPUs in accordance with NVIDIA Reference Architecture (RA)"

A reference architecture is a tested, high-level blueprint that shows how a company or industry should arrange technology, processes and components to achieve a particular goal. Like a standard house plan for builders, it guides design choices, speeds deployment, and reduces surprises, so investors can judge whether a business can scale, control costs, integrate partners, or reuse proven designs rather than inventing risky one-off systems.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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- Agreement includes an AI infrastructure deployment in India of approx. 640 high-performance servers with more than 5,000 GPUs for AI workloads

- This deployment is expected to contribute more than $500 million in revenue over the next five years

London, United Kingdom--(Newsfile Corp. - March 16, 2026) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, IoT technology and data centres, today announced that it has signed binding agreements with Yotta Data Services Private Limited ("Yotta") to deploy GPU infrastructure in India of approximately 640 high-performance NVIDIA HGX B200 servers with more than 5,000 GPUs for AI workloads.

Executives from Gorilla Technology and Yotta Data Services during partnership meetings in Navi Mumbai, India. Pictured (left to right): Jackie Wang, General Manager, Asia, Gorilla Technology; Thomas Sennhauser, CTO for Infrastructure, Gorilla Technology; Jay Chandan, Chairman & CEO, Gorilla Technology; Sunil Gupta, Co-Founder & CEO, Yotta Data Services; and Saurabh Bharat, CFO, Yotta Data Services. Source: Gorilla Technology.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10783/288663_09e11825a4c2383e_001full.jpg

Based on the executed agreements and current commercial assumptions, Gorilla expects this deployment to contribute more than $500 million in revenue for the Company over the next five years.

The agreements establish Gorilla as a key infrastructure partner to Yotta¹, supporting high-performance AI compute deployments across India. Gorilla will provide GPU infrastructure, under a long-duration commercial model, while Yotta will implement and operate the GPUs in accordance with NVIDIA Reference Architecture (RA) at its Uptime Tier IV NM1 Data Centre in Navi Mumbai and deliver AI compute services including hyperscale GPU clusters, bare-metal GPUs, virtual machines, AI lab workstations, serverless GPUs and AI model end-points to enterprises and government customers.

Yotta is one of India's most visible digital infrastructure platforms and is well positioned as a leading provider of hyperscale data centres, sovereign cloud and AI compute. Yotta operates two significant hyperscale campuses: a Greater Noida facility currently scalable to 250 MW and a Navi Mumbai campus with a roadmap scaling up to 2 GW. Beyond pure capacity, Yotta also provides a vertically integrated platform that spans the entire technology stack from specialized data centre engineering and green energy sourcing to managed services, cloud, and high-performance GPU compute.

Yotta has also been empanelled under the IndiaAI Mission and NVIDIA has described it as India's first Reference Platform NVIDIA Cloud Partner² and among only six globally in that category. Yotta has established a long-term platform capable of scaling beyond one million GPUs within the next three to five years as India's AI ecosystem accelerates.

With India scaling AI at national speed, the market is expected to reach US$17 billion by 2027³, with 25% to 35% annual growth, backed by more than US$1.1 billion of IndiaAI Mission funding, the deployment of 38,000 GPUs and a government view that AI could contribute US$1.7 trillion to India's economy by 2035⁴. For Gorilla, this is an opportunity be part of India's sovereign AI buildout through Yotta, which has publicly committed 9,216 advanced GPUs to that national effort.

Jay Chandan, Chairman & CEO of Gorilla Technology, said: "This is a defining step for Gorilla. India is one of the world's most important AI growth markets, where sovereign ambition, hyperscale compute demand and real infrastructure deployment are accelerating together. By signing up with Yotta, we are placing Gorilla directly into India's AI infrastructure buildout with a partner that brings scale, credibility and execution. This deployment alone is expected to contribute more than $500 million over five years, and we are working with Yotta to identify additional projects where we can collaborate."

Gorilla Technology leadership team visiting Yotta’s data centre campus in Navi Mumbai, India as part of discussions supporting large-scale GPU infrastructure deployment for AI workloads. Source: Gorilla Technology.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10783/288663_09e11825a4c2383e_003full.jpg

Sunil Gupta, Co-Founder & CEO of Yotta, said: "India's AI ambition will be built on access to serious compute, serious infrastructure and partners that can execute at scale. Yotta has built its Shakti Cloud platform to serve that need through sovereign AI infrastructure designed for India's next wave of enterprise, public sector and national AI demand, as well as serving global GPU compute demand from India. We believe Gorilla brings strong complementary capability in GPU infrastructure and commercial execution, and we see this collaboration as an important step in scaling AI capacity in India. In Gorilla, we see a long-term infrastructure partner, who shall help us realise the vision of enabling large scale GPU deployment in India over next three years to meet the AI needs of India, APAC, Middle East as well as Global South."

Thomas Sennhauser, Chief Technology Officer for Infrastructure of Gorilla Technology, added: "This is a major milestone that validates both our infrastructure model and our ability to execute at scale with serious counterparties. We are now embedding Gorilla into a live, sovereign AI infrastructure buildout with a partner that has real operating depth, real technical capability and real market reach. From an infrastructure standpoint, this gives us a meaningful platform to deploy, manage and expand high-performance AI capacity in one of the most important growth markets in the world."

Gorilla and Yotta are also exploring a broader deployment pathway that could extend well beyond this project, including the potential deployment of more than 5,000 additional servers, over the next year or so. This collaboration is intended to support growing AI infrastructure demand in India and may also create opportunities for wider strategic cooperation, including potential data centre development initiatives in Thailand.

###

About Gorilla Technology Group Inc.

Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, IoT technology and data centres. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

For more information, please visit our website: Gorilla-Technology.com

About Yotta Data Services

Yotta Data Services is a sovereign cloud infrastructure and platform services provider, offering cloud, AI cloud, data center hosting, connectivity, media tech and cybersecurity services; managed applications; and a wide range of managed IT services. Yotta operates its cloud regions at its hyperscale data center parks in Panvel (Navi Mumbai) and Greater Noida (Delhi NCR). Yotta's homegrown, open-source-based, feature-rich Sovereign hyperscale cloud, Yntraa, is MeitY empanelled (VCC and GCC) and is also deployed in large government-owned CSPs on a white labelled / PPP model. In addition, Yotta has launched Shakti Cloud, a cutting-edge platform that leverages advanced AI capabilities, providing enterprises with a comprehensive suite of AI services, including AI labs, AI workspaces, Shakti Studio - AI Inference platform and access to NVIDIA's NIM services, alongside Kubernetes clusters with GPU resources. Yotta is the only NVIDIA Cloud Partner (NCP) across the APAC region to be part of the NVIDIA Exemplar cloud initiative and is one of only six Reference Architecture Platform NCPs across the world.

Yotta has won numerous accolades and certifications, including RBI's cybersecurity framework and localization framework, ISO 27017 for the protection of personal information in public cloud, ISO 27701 for Privacy Information Management (PIMS), PCI-DSS, SOC2-Type 2, and SOC3.

For more information, visit www.yotta.com.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our agreements with Yotta, including the expected timing and amount of revenues that may be generated thereunder, the timing of deployment of the servers, and the potential for additional collaboration between Yotta and Gorilla, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the "SEC") on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Public Relations Contact	Investor Relations Contact
Samantha Dowd Prosek Partners for Gorilla Technology GRRR@prosek.com	Dave Gentry RedChip Companies, Inc. for Gorilla Technology 1-407-644-4256 GRRR@redchip.com

 

Public Relations Contact - Yotta Data Services
Nikhil Pradhan
Yotta Data Services
+91 97421 17306
npradhan@yotta.com

¹ Source: https://yotta.com/press-releases/yotta-to-deploy-20000-nvidia-blackwell-ultra-gpus/
² Source: https://www.nvidia.com/en-us/case-studies/yotta-built-india-sovereign-ai-infrastructure-shakti-cloud/
³ Source: https://indiaai.gov.in/news/nasscom-bcg-report-says-india-s-ai-market-is-expected-to-touch-17-billion-usd-by-2027
⁴ Source: https://www.ibef.org/news/ai-could-add-us-1-7-trillion-to-india-s-economy-by-2035-as-the-government-scales-up-its-push

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288663

FAQ

What did Gorilla Technology (GRRR) announce on March 16, 2026 about India deployment?

Gorilla announced binding agreements to deploy about 640 HGX B200 servers with over 5,000 GPUs in India. According to the company, this infrastructure will be hosted and operated by Yotta at its Navi Mumbai Tier IV facility under a long-duration commercial model.

How much revenue does the GRRR and Yotta deal expect to generate for Gorilla?

The deal is expected to contribute more than $500 million in revenue over five years. According to the company, that projection is based on the executed agreements and current commercial assumptions for the GPU deployment.

Where will Gorilla's GPU infrastructure for GRRR be hosted in India?

Gorilla's GPUs will be hosted at Yotta's Uptime Tier IV NM1 data centre in Navi Mumbai. According to the company, Yotta will implement NVIDIA Reference Architecture and operate AI compute services for enterprises and government customers.

What services will the GRRR GPUs provide under the Gorilla–Yotta partnership?

The GPUs will deliver hyperscale GPU clusters, bare-metal GPUs, virtual machines, AI lab workstations, serverless GPUs and model end-points. According to the company, Yotta will operate and commercialize these services for enterprise and government users.

Does the GRRR agreement with Yotta include plans for further expansion in India?

Yes, the parties are exploring a broader pathway that could extend well beyond this project, including potential deployment of more than 5,000 additional servers. According to the company, discussions include further projects and possible regional data centre cooperation.