TCS joins AI, data centre rush with TPG alliance, draws gigawatt-scale plans
TCS partners with private equity firm TPG in a $2-billion alliance to expand AI and data centre capabilities under the HyperVault JV. The 51:49 joint venture plans gigawatt-scale operations, raising $4–4.5 billion in debt, and will offer services to hyperscalers, Indian enterprises, government entities, and Tata Group companies, marking the first Tata flagship PE collaboration.