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By Scott Murdoch

SYDNEY (Reuters) -The head of Australia’s Macquarie Asset Management (MAM), which sold its Aligned Data Centers business in a deal worth $40 billion, said on Thursday the sale was not a sign the global data centre boom had peaked.

Aligned emerged as one of the world’s largest data centre operators during the seven years it was owned by MAM, the funds management arm of investment bank Macquarie Group.

MAM head Ben Way said the decision to sell to investors including BlackRock, Microsoft and Nvidia, was not a warning sign for the sector or AI.

“We don’t own businesses in perpetuity, we have owned this for seven years and it’s at a great spot to exit and there’s clearly massive demand to exit,” Way told Reuters in a telephone interview.

As global companies ramp up investment in data centres and increase advanced chip purchases, driving up valuations of tech firms from OpenAI to Nvidia, fears are also growing that the spending spree could create a bubble.

Major tech companies including Alphabet, Amazon.com, Meta, Microsoft and CoreWeave are expected to spend $400 billion on AI infrastructure this year, according to Morgan Stanley.

Aligned operates 5 GW of current and planned data centre capacity and MAM said the $40 billion price tag was Aligned’s enterprise value. The firm did not provide a breakdown of the equity and debt components.

MAM announced on October 7 it would invest up to $5 billion in a partnership with Applied Digital to help fund the company’s first two high-performance computing data centre developments.

“It’s not that we don’t think it’s a good thematic, not that we don’t believe in the thematic, it’s not that we don’t think we can continue to make money,” Way said, referring to the Aligned sale.

“There’s a long way to go here and that’s because the world has a long way to digitalise and we’re only just at the beginning,” Way said. “We’re at the precipice of AI endeavour, certainly not at the end.”

MAM funds held about 50% of Aligned and its co-investors had a further 20%. The deal was the largest ever private equity exit for the Australian fund manager.

MAM also has investments in Bohao Internet Data Service, Hanam Data Centre, Netrality Data Centers and VIRTUS, which holds assets in the U.S., UK, China and South Korea, the company said.

Macquarie Group shares rose 5.13% on Thursday to A$229, the highest since July. The bank’s gain well outpaced the 0.9% increase in S&P/ASX200.

(Reporting by Scott Murdoch; Editing by Kate Mayberry)

Tata Consultancy Services has refreshed the digital commerce platform for Infineon setting the stage for new revenue channels and to elevate customer engagement

MUNICH | MUMBAI, October 16, 2025: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has worked with Infineon Technologies AG (Infineon), a leading provider of semiconductor power systems and IoT, to modernize the company’s website as a primary digital interface for customers.  The collaboration aimed at creating a more personalized and engaging user experience, leveraging cutting-edge technologies such as artificial intelligence and cloud computing.

With its new website, Infineon delivers high-quality digital experience with a strong focus on customer needs and digital innovation. The platform enhances product search and discovery and provides consistent, intuitive experience across devices and channels. By integrating towards hyper-personalized user journeys and AI-powered search, it is designed to broaden revenue opportunities and elevate customer engagement.

Harsha Deshmukh, Executive Vice President & CIO, Infineon Technologies AG, said, “It’s a major milestone in our digital journey as we unveil our newly transformed digital experience, designed with our users at the heart of every decision. This transformation isn’t just about a new look and feel—it’s about delivering a seamless, responsive, and accessible experience that supports our vision. With enhanced functionality, robust security, and intuitive navigation, our new web platform reflects our commitment to innovation and excellence. I look forward to the new opportunities this transformation will unlock for everyone we serve.”

As part of the modernization, TCS and Infineon integrated more than 40 connected applications and microservices into Infineon’s website ecosystem, enabling simplified, omnichannel experiences across regions and platforms. The reimagined digital experience platform now supports multi-regional, multilingual capabilities, intuitive navigation, and AI-driven product recommendations.

V. Rajanna, President, Technology, Software and Services, TCS, said, “We worked with Infineon to reimagine its end-to-end digital presence, with a focus on elevating customer engagement and accelerating sales. The program establishes a scalable foundation for personalized experiences and measurable improvements in user journeys.”

Kamal Bhadada, President, TCS Interactive, said, “The website runs on a modern digital experience platform, with an intuitive interface, robust multiregional and multilingual capabilities, and a responsive, device-agnostic experience. Delivered with Infineon and our ecosystem partners, this release creates a solid base for continued improvements.”

TCS Interactive blends systems, strategy, and storytelling to engineer creativity that helps brands adapt and lead in ever-changing markets. As TCS’ digital services unit and a MarTech partner of choice for over 500 global brands, TCS Interactive makes AI and marketing technology work for marketers, merging the transformative force of tech and imagination to shape customer experiences and deliver superior outcomes. The collaboration with Infineon further consolidates TCS’ prowess in co-creating next-gen products from chip-to-software that form the technology backbone of our partners. From advanced engineering platforms to AI-powered decision-making, TCS’ transformative approach powers intelligent operations, seamless experiences, and faster time-to-market.

This partnership builds on TCS’ long-standing commitment to serving as a trusted IT partner for German partners since 1991. TCS currently partners with over 100 leading German corporations, including 23 of the DAX-40 corporations and numerous mid-sized enterprises. TCS Europe’s highly skilled workforce of 15,000 employees operating from 62 offices across Europe has been driving growth and transformation for some of the region’s leading multinationals across industries such as banking and financial services, manufacturing, telecom, retail, travel, logistics, and more. The company has been recognized for its excellence in customer satisfaction and as a top employer in the region. It has consistently been rated among the top three IT companies in Germany for customer satisfaction. TCS has been ranked #1 in Customer Satisfaction for 12 consecutive years by Whitelane Research and has been named a Top Employer for 13 consecutive years by the Top Employer Institute.