CtrlS Data Centers Limited has signed a Memorandum of Understanding (MoU) with the Telangana government. The deal, which was signed at the World Economic Forum in Davos, will see the company invest ₹10,000 crore to set up a state-of-the-art artificial intelligence (AI) data center cluster in the state. The proposed AI data center cluster will boast a capacity of 400 MW. It is expected to generate some 3,600 direct and indirect jobs.