BENGALURU: Hold on tight, tech lovers! TCS has kicked off an exciting journey with a whopping $1 billion (Rs 8,820 crore) boost from private equity giant TPG. This cash boost is all set to power TCS's plan of building massive AI data centres right here in India. Why? Because TCS wants to become the biggest AI-led technology services company in the country! The new player in town is called HyperVault — a fresh entity from TCS that will focus on creating huge AI data centres with gigawatt-scale power capacity. Both TCS and TPG will fund HyperVault, pouring in equity and debt, with a combined investment expected to soar up to Rs 18,000 crore in the years to come. This powerful partnership opens doors to new opportunities and allows TCS to offer much more than just basic data centre services. Talking to TOI, TCS CEO K Krithivasan said, "We realised that entering the data centre business is key to deepening our partnerships and collaborations. More importantly, it broadens the end-to-end scope of what we offer. It opens a large set of opportunities for our customers and gives us adjacencies that pure data centre players don't have." In this carefully crafted deal, TCS will hold 51% ownership in HyperVault, while TPG will take between 27.5% and 49%. This move helps TCS reduce its upfront costs and boosts long-term profits in India's buzzing AI infrastructure market. Earlier, Krithivasan shared a grand plan worth $6.5 billion focused on building AI data centres packed with sovereign cloud services — meaning all sensitive data and computing will stay within India’s borders. TCS chairman N Chandrasekaran is pumped about the future, saying, "With this capability, TCS is uniquely positioned to deliver complete AI solutions for its customers and partners. We are excited and committed to play a leading role in creating world-class AI infrastructure and solutions for the industry and work towards making TCS the largest AI-led technology services company." Currently, India has about 1.5 gigawatts of data-centre capacity, but that’s set to blast over 10 gigawatts by 2030! HyperVault will focus on building smart, high-density, and energy-saving AI data centres that use liquid cooling — perfect for hyperscalers, AI firms, big businesses, and government sectors. TPG’s executive chairman Jim Coulter added, "Data centres sit at the intersection of green energy infra, technology, and real estate. We look forward to bringing TPG's sectoral expertise across these asset classes and working with TCS to drive India's next wave of digital infrastructure innovation in a climate-positive manner and build a more resilient future for the country's digital and data economy." Get ready, India! The AI revolution is coming, and TCS with TPG’s mighty backing is steering it full speed ahead!