AI and Machine Learning
HCL Tech Bets $367 Million on AI Infrastructure
The move gives HCL Tech ownership of computing infrastructure and marks a break from the asset-light model its chief executive defended less than a year ago.
The move gives HCL Tech ownership of computing infrastructure and marks a break from the asset-light model its chief executive defended less than a year ago.
The government may get a 1% to 2% holding in the Bengaluru startup through support extended under the IndiaAI Mission.
The IT services company’s $150 million investment gives it a route into government and regulated-sector AI demand.
The billionaire industrialist says AI is now strategic infrastructure, with energy and compute emerging as the new foundations of national power.