Tata Consultancy Services (TCS), India’s largest IT services company, on Thursday announced a strategic partnership with global alternative asset management firm TPG to support the growth of its AI data centre business HyperVault. Both companies target to invest up to Rs 18,000 crore over the next few years.

“This investment will support HyperVault’s GW-scale AI-ready infrastructure build and aligns with TCS’ plan to create AI-ready data centres 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 said in a statement.

It added that HyperVault will be funded through a mix of equity and debt. “Both partners combined will commit to invest up to Rs 18,000 crore o

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