NSE adopts liquid cooling for AI infrastructure expansion

The National Stock Exchange of India (NSE) is scaling up its artificial intelligence infrastructure with the deployment of liquid cooling systems designed to manage high-performance computing workloads more efficiently. The technology is being implemented at the exchange's data centre facilities as part of a broader modernisation drive.

The exchange has set an ambitious timeline for GPU expansion, targeting deployment of over 80 graphics processing units this quarter alone. NSE's longer-term roadmap envisions scaling total GPU capacity to 224 units, reflecting the growing computational intensity of trading systems and market analytics platforms.

Liquid cooling represents a significant technological shift from traditional air-cooling methods, offering superior thermal management for densely packed computing equipment. The enhanced cooling capability enables NSE to maintain optimal performance while managing power consumption and operational costs—critical considerations for data centre operations that run continuously.

Beyond its primary data centre operations, NSE plans to extend liquid cooling technology to its co-location facilities, which host external market participants and service providers. This expansion would standardise infrastructure across NSE's footprint and support the broader ecosystem's transition toward more sophisticated technology infrastructure.

The infrastructure upgrade reflects NSE's commitment to strengthening India's financial technology capabilities and maintaining competitive standards in capital market operations. As trading volumes and data processing requirements continue to escalate, advanced cooling and GPU infrastructure are increasingly essential for supporting exchange operations and emerging applications in market surveillance and risk management.