‘[The investment] We will further strengthen our partnerships with hyperscalers and AI companies. With this capability, TCS is uniquely positioned to offer complete AI solutions to its customers and partners. We are excited and committed to playing a leading role in building world-class AI infrastructure and solutions for the industry and working towards making TCS the largest AI-driven technology services company,” TCS Chairman N. Chandrasekaran said in a prepared statement.
Tata Consultancy Services, an India-based global IT services, consulting and business solutions provider, has received a $1 billion investment from TPG to support its HyperVault AI data center business.
For TCS, which ranks No. 3 on CRN’s 2025 Solution Provider 500, the investment is aimed at building out the solution provider’s HyperVault AI data center business. This includes support for building HyperVault’s GW-scale AI-enabled infrastructure, the company said.
TPG has headquarters in San Francisco and Ft. Texas Worth is a global alternative asset management firm that invests across a broad range of diverse strategies, with $286 billion worth of assets under management as of this fall.
[Related: Tata Consultancy Services Launches Responsible AI Framework]
TCS did not respond CRN Please request more information prior to press release.
TCS said HyperVault is a cornerstone of its so-called plan to become the largest AI-driven technology services company. HyperVault aims to provide secure, reliable, and AI-enabled infrastructure at scale to hyperscalers and AI-driven organizations across all top cloud regions through purpose-built water-cooled data centers with high rack density and energy efficiency.
TCS and TPG are funding TCS’ HyperVault with a mix of equity and debt. The companies have pledged to invest up to Rs 18,000 crore (in Indian currency), or just over USD 2 billion at current exchange rates, over the next few years. Of this amount, TPG will invest up to 8.82 billion rupees, or approximately $1 billion, to acquire a 27.5-49% share in HyperVault.
In a prepared statement, TCS Chairman N. Chandrasekaran said TPG’s support will help TCS build a GW-scale large-scale AI data center in India and tap into the burgeoning demand for AI.
“This further strengthens our partnerships with hyperscalers and AI companies. With this capability, TCS is uniquely positioned to offer complete AI solutions to our customers and partners. We are excited and committed to playing a leading role in building world-class AI infrastructure and solutions for the industry and working towards making TCS the largest AI-driven technology services company,” Chandrasekaran said.
