Canada's CPP sinks $741M into India to fuel AI's power-hungry boom

cpp investments committed $741 million to ctrlS, acquiring an 8.2% stake and funding a joint venture to build hyperscale ai campuses across india. the investment targets the surging demand for computing power from cloud giants and ai firms, positioning india as a strategic location for global infrastructure buildouts. this move follows similar investments by blackstone and meta, highlighting a competitive rush to secure capacity in one of the world's fastest-growing digital markets.