TCS Stock Jumps 2% on Tata Group-OpenAI Strategic AI Partnership

• TCS shares rose 2% after Tata Group announced a strategic AI partnership with OpenAI.
• The collaboration aims to build AI infrastructure in India and offer joint market solutions.
• The partnership will give Tata employees access to OpenAI’s enterprise ChatGPT and TCS will use OpenAI’s Codex.
• TCS’ HyperVault unit will develop AI-ready, green-energy-powered infrastructure with 100MW capacity, scalable to 1 GW.
• The companies plan to jointly develop industry-specific AI solutions and deploy OpenAI's AI solutions globally.