Canadian pension giant joins race to fund India’s AI-fueled data center boom
TechCrunch
CPP Investments has committed $741 million to Indian operator CtrlS to expand data centers supporting AI and cloud infrastructure.Summary
CPP Investments, Canada’s largest pension fund, is investing up to ₹70 billion ($741 million) into Indian data center operator CtrlS. This deal includes an 8.2% equity stake and a joint venture to build hyperscale data center campuses. The move highlights India's emergence as a critical hub for global AI and cloud infrastructure, as international investors and major tech firms rush to meet the country's surging digital demands.
(Source：TechCrunch)