HCLTECH

enters full-stack AI market! Board approves Rs 3,500 crore investment to set up AI data centres

HCL Technologies (HCLTech) on Monday announced that its board of directors have approved an investment of up to Rs 3,500 crore for setting up data centres in India, with the potential to scale to 50MW of capacity, the company said in a statement. The investment will be made through the company's new subsidiaries and step-down subsidiaries that would be set up for the purpose, the statement read. With this, HCLTech announced its entry into the full-stack AI market to address the complete spectrum of full-stack business opportunities arising from growing demand for AI-led services and solutions across private sector and government.