TCS, TPG join forces in Rs 18,000 cr AI data centre play

India’s largest software exporter Tata Consultancy Services (TCS) on Thursday announced a multi-billion dollar joint venture with private equity group TPG Terabyte Bidco Pte. Ltd. to create multiple AI and Sovereign Data Centers as the Tata Group flagship looks to accelerate its efforts towards becoming “the world’s largest AI-led technology services firm”.

ET was the first to report about the partnership between the tech major and the asset management firm.

TCS and TPG are planning to invest around Rs 18,000 crores of equity as alliance partners…