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.
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