TCS and TPG invest ₹18,000 crore in AI data centre venture
after close1 source ↓written by the desknot a recommendation
- will hold
- 51% stake
- TPG will own
- 49%
Tata Consultancy Services and TPG are launching HyperVault AI Data Centre with a combined investment of ₹18,000 cr (USD 2.03 billion). TCS will hold a 51% stake, while TPG will own 49%. The venture aims to bolster India's AI data infrastructure, reflecting a trend of tech firms collaborating with private equity to mitigate risks.
Not investment advice. For informational purposes only.