India, Nov. 20 -- As part of its AI infrastructure push, Tata Consultancy Services (TCS) has brought in global investment firm TPG as a major investor in HyperVault - the IT giant's newly formed AI data centre subsidiary.

This comes weeks after TCS incorporated HyperVault to build AI-focussed data centres across India.

In a statement, TCS said that it and TPG Terabyte Bidco plan to invest up to INR 18,000 Cr (about $2 Bn) in a mix of equity and debt over the next few years to build the data centres.

TCS will retain a 51% stake in HyperVault, while TPG is expected to eventually own between 27.5% and 49% depending on the investment tranches. TPG, which will invest up to INR 8,820 Cr in the JV, will invest via TPG Rise Climate and its Glo...