Bangladesh, Sept. 7 -- For decades, Indias technology success story was built on a relatively simple proposition: the country had millions of skilled workers, lower operating costs and an ability to deliver software and business services to the world at scale.

That model made India an indispensable part of the global technology industry. But artificial intelligence is changing the rules.

The next phase of the technology race will not be determined only by who can write the best software or employ the largest number of engineers. It will increasingly depend on something far more physical: who controls the computing power required to train, run and scale increasingly demanding AI systems.

That is why Tata Consultancy Services plan to bui...