TCS secures $1billion investment from TPG to accelerate AI data center business
By
Mathew C S
CHENNAI: In an attempt to expand its AI capability across the globe, India’s largest IT services company Tata Consultancy Services (TCS) on Thursday announced that it has secured an investment of up to Rs 8,820 crore ($1 billion) from TPG, a leading global alternative asset management firm, to support the growth of TCS’s AI data center business HyperVault in the next few years.
