TCS Eyes AI Dominance: Secures $1 Billion from TPG for India's Gigawatt-Scale Data Centre Strategy

Overview

Tata Consultancy Services (TCS) has partnered with private equity firm TPG to raise $1 billion (Rs 8,820 crore) for its ambitious AI data centre strategy in India. The funding will fuel the development of gigawatt-scale, AI-ready data centres through a new entity, HyperVault. This move positions TCS to become the largest AI-led technology services firm and significantly boosts India's digital infrastructure capabilities.