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Tata Consultancy Services (TCS) has signed an agreement with OpenAI to establish AI data centers in India and is negotiating further deals with other tech companies. CEO K Krithivasan indicated that India will need approximately 10 gigawatts of AI data center capacity by 2030, with only 5-6 gigawatts currently announced.

TCS plans to invest $1 billion into the project, which will cost around $7-8 billion. The company aims to provide end-to-end AI solutions while adapting to changing client demands as IT spending shifts towards AI. TCS has faced stock price declines but is focusing on leveraging AI to reshape its business model.