E2E Networks Limited announced it has entered into a binding term sheet with an Indian Sovereign AI company to provide NVIDIA Blackwell cloud GPUs and allied services, securing an aggregate contract value of approximately Rs 1,000 crore (exclusive of applicable taxes) and a validity period extending up to June 2029. The agreement, which represents a milestone in the company's strategy of securing longer-term customer relationships, involves providing high-performance computing infrastructure to the domestic AI company.
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