AM Group, the energy transition giant backed by the founders of Greenko Group, has signed a Memorandum of Understanding (MoU) with Invest UP to develop a 1 GW High Performance Compute (HPC) hub aimed at global AI workloads.

 

The $25 billion project, to be located in Greater Noida, will be rolled out in phases, with the first capacity operational by 2028 and full 1 GW capacity targeted by 2030. The initiative positions Uttar Pradesh as a key player in India’s AI ambitions while reinforcing AM Group’s commitment to sustainable, carbon-neutral intelligent economic solutions.

 

The HPC facility will house approximately 500,000 state-of-the-art chipsets, making it one of India’s largest-ever investments in AI infrastructure. The project aligns with the Indian Government’s Viksit Bharat 2047 vision, accelerating AI-driven services across sectors.

 

The facility is designed to serve global hyperscalers, frontier labs, enterprises, and sovereign AI initiatives, using 100% carbon-free energy from wind, solar, and pumped storage. AM Group aims to democratize AI by creating an end-to-end value chain “from efficient on-demand electrons to intelligent tokens,” supporting customized AI applications in energy, healthcare, manufacturing, automotive, media, gaming, and more.

 

The HPC hub will also provide chipset access to India’s developer community, accelerating the development of AI solutions for both domestic and global markets.

 

Key features of the project include:

 

I. Scalable Infrastructure: First capacity operational by 2028, scaling to 1 GW by 2030.

 

II. Strategic Location: Leveraging Uttar Pradesh’s industrial corridors and data center policy for low-latency, reliable connectivity.

 

III. Green Energy Integration: Powered entirely by renewable energy solutions 24/7.

 

The MoU was signed at the World Economic Forum in Davos, in the presence of senior government officials and AM Group’s leadership. The project is expected to attract substantial foreign direct investment and generate thousands of high-skilled jobs, fostering a local ecosystem for hardware manufacturing, software development, and advanced cooling technologies.

 

“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 center; we are creating a sustainable template for the future of global AI infrastructure with the support from the State of Uttar Pradesh,” added Mahesh Kolli, Group President, AM Group.