TCS-TPG joint data venture: $2 billion investment planned for HyperVault AI Data Centres; Tata Group targets AI leadership

India's largest software exporter, TCS, is forging a multi-billion dollar joint venture with TPG to establish AI and sovereign data centres. This strategic pivot aims to position TCS as a global leader in AI-led technology services. The new entity, HyperVault AI Data Centre Ltd, will offer co-location services, marking a significant capital investment for the company.