Page 2 - Data Centre

TCS-TPG to invest $1 billion in 'HyperVault'; what it means for investors?

TCS-TPG deal: TCS, on Thursday, announced securing a $1-billion investment from TPG to scale up its AI-data centre platform 'HyperVault'.

TPG to pump $1 billion into TCS data centre business HyperVault

TCS has entered a strategic alliance with TPG, which will invest $1 billion in HyperVault as both firms commit up to Rs 18,000 crore over the coming years to build GW-scale AI data centres

India's data centre rush hits a roadblock: Cooling in a water-scarce nation

Companies are rushing to build data centres in India, bringing billions in investment, but a key sustainability challenge looms: cooling these power-hungry facilities in a water-scarce country

India's IT spend may rise 10.6% to $176 billion in 2026: Gartner

India's IT spending is projected to grow faster than the global average in 2026, driven by rapid expansion of data centres, rising cloud adoption and accelerating investment in GenAI-enabled software

India's IT spending to hit $176 bn in 2026 on data centre, AI boom: Gartner

Gartner projects India's IT spending to rise 10.6% to $176.3 billion in 2026, driven by strong data centre and software investments as enterprises accelerate cloud, AI and digital adoption

Samsung lifts memory chip prices up to 60% as AI demand fuels shortage

Samsung has raised prices of key memory chips by up to 60 per cent as AI data centres drive huge demand, causing a global shortage and pushing up costs for servers

Google planning to invest $40 billion in 3 new data Centres in Texas

Texas has become a magnet for data centers as companies chase relatively cheap energy, vast tracts of land, and a state eager to host the infrastructure that's powering AI boom

Anant Raj to invest Rs 4,500 crore in Andhra Pradesh for data centres

Realty developer Anant Raj has signed an MoU with the Andhra Pradesh government to invest Rs 4,500 crore in a data and cloud services centre, a move expected to create nearly 16,000 jobs

Google to lift India's data hub plan above $15 billion, says Naidu

He added that Andhra Pradesh has commitments to build 5.5 GW of data centers from companies including Reliance Industries Ltd

Andhra eyeing investments worth ₹40 trn by 2029: N Chandrababu Naidu

Naidu outlines a tech-driven roadmap for the state - from AI data centers and quantum computing to green hydrogen and MSME-led industrial growth

Google's $15 bn AI hub in Vizag driven by rising India demand: exec

Google Cloud's $15 billion AI investment in Visakhapatnam aims to meet rising local demand for sovereign data and AI solutions, says global revenue head Matt Renner, calling India a key growth market

Andhra, Tillman Global sign deal for ₹15,000 cr Visakhapatnam data centre

Andhra Pradesh has signed an MoU with Tillman Global Holdings to develop a 300 MW hyperscale data centre campus in Visakhapatnam with an investment of Rs 15,000 crore over 12 months

Mounting debt fuels AI data centre boom, raising fears of financial strain

Smaller outfits - far from household names, not nearly as wealthy but eager to get in on the AI boom - have started to build their own giant data centers

India among top data centre markets; Mumbai costs among lowest globally

India has emerged as one of the world's most attractive markets for data centre investment, with Mumbai ranking as the second-lowest-cost region globally for data centre construction in 2025, according to the latest Turner & Townsend Data Centre Construction Cost Index. The report states that Mumbai's data centre construction cost is just USD 6.64 per watt, positioning the city 51st out of 52 global markets assessed. The ranking is based on the cost per watt to build data centres, with 1st rank representing the highest construction costs and 52nd the lowest. Thus, Mumbai's 51st position indicates it is the second most cost-effective city in the world for data centre construction, offering significantly lower costs compared to most other markets. This low-cost environment gives India a strategic edge for investment, substantially lower than other major hubs such as Tokyo, Singapore, and Zurich, where costs per watt are at least twice as high. Mumbai also benefits from a cheaper ...

Google investment will put Vizag on global map, says Nara Lokesh

Google's $15-billion AI hub in Vizag will anchor India's next big tech ecosystem as the state pivots from special status to investment-led growth, says Nara Lokesh

Google launches Project Suncatcher to test AI data centres in space

The project envisions a network of small satellites, each equipped with Google's custom-designed Tensor Processing Unit (TPU) chips

CtrlS Datacenters, NTPC Green ink pact for 2 GW+ renewable power projects

CtrlS Datacenters on Monday said it has signed a strategic memorandum of understanding with NTPC Green Energy Limited (NGEL) to jointly establish grid-connected renewable energy projects with a capacity of up to 2 GW or more. The MoU was signed between CtrlS Founder & CEO Sridhar Pinnapureddy and NGEL CEO Sarit Maheshwari. As part of the MoU, CtrlS and NGEL aim to jointly establish grid-connected renewable energy projects/assets with a capacity of up to 2 GW or more through greenfield development and/or acquisitions, for the supply of renewable power to CtrlS for its captive consumption on mutual agreement or any other business as may be mutually decided between the Parties. The MoU shall be in force for two years with a provision to extend further, the company said in a statement. NGEL, a subsidiary of NTPC Ltd, has an operational capacity of over 8.9 GW and 13 GW under implementation. NGEL plans to have an installed capacity of 60 GW by 2032. Pinnapureddy described the ...

Water-guzzling data centres could strain fragile ecosystems along coasts

Water requirements of these plants are huge as cooling systems can consume millions of litres annually, often in water-scarce regions such as Mumbai and Chennai

AI spending spree tests investors' patience at Meta, Microsoft and Alphabet

Three bellwethers from different corners of the technology world - Alphabet Inc, Meta Platforms Inc and Microsoft Corp - together racked up some $78 billion in capital expenditures last quarter up 89%

India's data centre capacity to double by 2027, rise 5x by 2030: Macquarie

India's data centre pipeline to expand on AI infrastructure, data localisation, and cloud adoption, with $45 bn investment potential by 2030, says Macquarie