Canadian pension giant joins race to fund India’s AI-fueled data center boom
Canada Pension Plan Investment Board (CPP Investments) has committed up to $741 million to Indian data center operator CtrlS, aiming to capitalize on India's growing role in global AI infrastructure. The investment includes acquiring an 8.2% stake in CtrlS and forming a joint venture to develop hyperscale data center campuses across India. This move aligns with a broader trend of significant investments in India's data center sector, driven by increasing demand for cloud and AI workloads. AI
IMPACT Accelerates the buildout of critical AI infrastructure in India, potentially positioning it as a major global hub.