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Canada Pension Fund Invests $741M in India's AI Data Centers

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.

RANK_REASON Significant investment of over $100M into AI infrastructure in a key emerging market. [lever_c_demoted from significant: ic=1 ai=0.7]

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  1. TechCrunch AI TIER_1 English(EN) · Jagmeet Singh ·

    Canadian pension giant joins race to fund India’s AI-fueled data center boom

    The Canadian pension giant will acquire an 8.2% stake in CtrlS, a tech giant that operates more than 15 data centers across India.