HCLTech to invest Rs 3,500 crore in data centre business
IT services major HCL Technologies will invest Rs 3,500 crore to establish AI data centers, with the potential to scale to 50 MW capacity, the company said in a statement on Monday.
The proposed investment will be made through the company’s new subsidiary and step-down subsidiaries that will be set up for this business, the statement read.
“The convergence of AI-led demand, supply constraints and push for digital sovereignty presents a compelling opportunity for us to emerge as a full-stack AI technology solutions provider.
