CPP Investments backs India's AI data center buildout

TechCrunch reported that Canada Pension Plan Investment Board's CPP Investments committed up to Rs 70 billion, about $741 million, to Indian data center operator CtrlS. The commitment backs data center growth in India as cloud and AI demand rises. The deal shows large institutional capital moving into AI-linked infrastructure outside the U.S. hyperscaler market.

Key details: Published June 17, 2026 at 5:38 AM PDT, CPP Investments committed up to Rs 70 billion, The commitment is worth roughly $741 million, The investment backs Indian data center operator CtrlS.

Why it matters: AI capacity is becoming a regional infrastructure race, and India is drawing long-horizon capital for domestic cloud and compute buildout.