TCS invests billions in data centers while facing a large lawsuit

TCS faces a $194.2 million damages ruling in a trade secret lawsuit, while also planning a $6-7 billion investment in AI data centers. A US appeals court upheld a previous judgment against TCS, which is evaluating appeal options. The company also secured $1 billion for its data center platform, HyperVault, from TPG. TCS aims to expand its data center capacity significantly, but faces competition and scrutiny over its strategy, with initial revenues not expected until FY28.