TCS-TPG joint data venture: $2 billion investment planned for HyperVault AI Data Centres; Tata Group targets AI leadership
Tata Consultancy Services (TCS), India’s largest software exporter, is set to launch a multi-billion dollar joint venture with private equity firm TPG to create AI and sovereign data centres, sources close to the matter said. The move marks a strategic shift for TCS, which has historically favoured a capex-light, organic growth model, as it aims…