Tata Consultancy Services ( ) has announced a major strategic partnership with global alternative asset manager TPG to accelerate the growth of its AI-focused data center business, HyperVault. The collaboration marks a significant step in TCS’ ambition to become the world’s largest AI-led technology services company, as demand for high-performance computing and AI-ready infrastructure surges across industries. Advertisement

Under the arrangement, HyperVault will be funded through a mix of equity and debt, with TCS and TPG together committing up to Rs 18,000 crore over the next few years. Of this, TPG will invest up to Rs 8,820 crore and is expected to hold between 27.5% and 49% equity in the venture. TCS said the partnership will reduce its capital outlay, enhance shareholder returns, an

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