AM Group signs $25 billion deal with UP to build India's largest AI compute hub in Greater Noida

AM Group, UP Govt Sign $25 Million MoU to Build 1 GW Computing Hub | AIM

The project will be completed by 2030, using carbon-free energy and offering essential AI tools across sectors. Energy company AM Group (AMG) announced at the World Economic Forum in Davos the signing of a memorandum of understanding with the Uttar Pradesh government and Invest UP to build a one-gigawatt (GW) high-performance compute hub to handle global AI workloads. AMG plans to set up an AI Infrastructure hub in the Greater Noida area of Uttar Pradesh with an estimated investment of approximately $25 billion. This large-scale project will be implemented in phases, with the initial capacity expected to launch in 2028 and the full 1 GW capacity aimed for completion by 2030. The project seeks to attract significant foreign direct investment and create thousands of high-skilled jobs, fostering a local ecosystem for hardware manufacturing, software development, and specialised cooling technologies. The initiative involves a multi-billion-dollar investment to establish gigawatt-level infrastructure with around five lakh advanced chipsets. It is one of the largest investments in the country, supporting the Indian government's Viksit Bharat 2047 vision for AI-driven services. As demand for high-performance computing (HPC) and AI grows in India, this facility will efficiently serve global hyperscalers and local AI initiatives using carbon-free energy. "Evolution of the global AI ecosystem with intentionality, intelligence and adaptability will be a pivotal tool for current and future generations. AMG AI Labs focus on valorising electron agents into intelligent tokens is a natural extension of our technology-first approach to our businesses as the global AI ecosystem races towards physical AI solutions," Anil Chalamalasetty, group chairman of AMG, said in a statement. AMG AI Labs aims to democratise AI across the entire value chain, providing essential tools for sectors such as healthcare and automotive. This HPC capacity will also provide access to chipsets for Indian developers to quickly develop AI solutions. "By combining 1 GW of compute capacity with our 24/7 green power solutions, we are not just building a data centre; we are creating a sustainable template for the future of global AI infrastructure with the support of UP," said Mahesh Kolli, group president of AM Group.

AM Group to build $25 billion GW scale AI compute hub in Uttar Pradesh

The project, announced at the World Economic Forum 2026 in Davos, involves a total investment of approximately $25 billion. This hub is designed to handle global AI workloads and will be one of the largest investments in India's digital infrastructure to date. AM Group, the leading energy transition platform backed by the founders of Greenko Group, has signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government to build a massive Artificial Intelligence (AI) compute hub in Greater Noida. The project, announced at the World Economic Forum 2026 in Davos, involves a total investment of approximately $25 billion. This hub is designed to handle global AI workloads and will be one of the largest investments in India's digital infrastructure to date. The project will be built in stages, with the first part expected to be ready by 2028. By 2030, the facility is planned to reach its full capacity of 1 gigawatt. The hub will house around 500,000 advanced high-performance chipsets. It is intended to support global tech companies, research labs, and India's own national AI goals by providing the massive computing power needed for modern technology. A key feature of the new centre is its focus on sustainability. The facility will run on 24/7 carbon-free energy, using a mix of solar, wind, and pumped storage power. This aligns with the state's goal to become a leader in the AI industry while maintaining a commitment to green energy. The project is also expected to create thousands of high-skilled jobs and attract further investment into the region. "Evolution of global AI ecosystem with intentionality, intelligence and adaptability will be a pivotal tool for current & future generations. AMG AI labs focus on valorising electron agents into intelligent tokens is a natural extension of our technology-first approach to our businesses as the global AI ecosystem races towards Physical AI Solutions," said Anil Chalamalasetty, Group Chairman, AM Group. "By combining 1 GW of compute capacity with our 24/7 green power solutions, we are not just building a data centre; we are creating a sustainable template for the future of global AI infrastructure with the support of the state of Uttar Pradesh," added Mahesh Kolli, Group President, AM Group.