TCS Secures $1Bn Investment from TPG to Accelerate AI Data Center Business HyperVault
India, Nov. 20 -- Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has today announced a strategic partnership with TPG, a leading global alternative asset management firm to support the growth of its AI data center business, HyperVault. This investment will support HyperVault's GW-scale AI-ready infrastructure build and aligns with TCS' plan to create AI-ready data centers with capacity in excess of a GW over the next few years. This partnership marks a significant milestone in TCS' ambition to become the largest AI-led technology services company.TCS' HyperVault will be funded through a mix of equity from TCS and TPG, and debt. Both partners combined, will commit to invest up to Rs 18,00...
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