Tags: TPG

Indian IT services firm Tata Consultancy Services (TCS) has secured a $1 billion investment from private‑equity firm TPG as part of a multi‑year, $2 billion plan to build a network of gigawatt‑scale AI data centers across India. Dubbed “HyperVault,” the project will use liquid‑cooled, high‑density designs to meet the soaring demand for AI compute power. The initiative arrives amid a stark supply‑demand gap in the country, where data generation is high but data‑center capacity remains low. TCS aims to partner with hyperscalers and AI firms to develop the infrastructure needed for advanced AI workloads. Ler mais

Anthropic, the AI startup behind Claude, announced a completed funding round of $13 billion that lifts its post‑money valuation to $183 billion. The company reported that its run‑word revenue surged from about $1 billion to more than $5 billion in less than nine months and that it now serves over 300,000 business customers. Large‑account customers increased sevenfold, and the Claude Code product generated over $500 million in run‑rate revenue, with usage growing more than tenfold since its full launch. The round was led by ICONIQ, Fidelity Management & Research Company and Lightspeed Venture Partners, with participation from Qatar Investment Authority, TPG, Altimeter, Blackstone, Coatue and General Catalyst. Ler mais