Tata Consultancy Services Secures $1 Billion Investment from TPG for Ambitious AI Data Centre Venture

Overview

Tata Consultancy Services (TCS) has announced a significant $1 billion investment for its AI data center venture, HyperVault, from private-equity firm TPG. This funding will support the development of GW-scale AI-ready infrastructure in India, aiming to tap into the rapidly growing demand for artificial intelligence capabilities. TCS and TPG will jointly commit up to Rs 18,000 crore, with TPG investing up to Rs 8,820 crore.