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AM Group Signs MoU with UP Govt to Develop GW-Scale Green AI Compute Hub in Greater Noida

AM Group has signed an MoU with Invest UP, Government of Uttar Pradesh, at the World Economic Forum at Davos, to invest about USD 25 billion in setting up a 1 GW high-performance AI compute hub in Greater Noida to serve global AI workloads using 24/7 carbon-free energy, including wind, solar, and pumped storage.

January 21, 2026. By Mrinmoy Dey

AM Group has announced the signing of a Memorandum of Understanding (MoU) with Invest UP, Government of Uttar Pradesh, to establish a 1 GW high-performance compute hub to serve global AI workloads.
 
The MoU was exchanged in the presence of senior government officials and the leadership team of AMG at the World Economic Forum at Davos.
 
As part of the agreement, AMG will establish an AI Infrastructure hub in the Greater Noida region in Uttar Pradesh with a total investment of about USD 25 billion. The project will be developed in a phased manner, with the first capacity coming up in 2028 and full 1 GW capacity targeted to come up by 2030, the company said in a statement. The facility will be powered by 24/7 carbon-free energy solutions, including wind, solar, and pumped storage.
 
The project will be a multi-billion-dollar investment for the set-up of GW-scale infrastructure with about 500,000 latest high-performance chipsets and will be one of the largest investments in the country to date, aligned with the Indian Government’s Viksit Bharat 2047 vision to accelerate the expansion of AI-driven services, claimed the company.
 
Anil Chalamalasetty, Group Chairman, AM Group, said, “Evolution of 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.”  
 
Mahesh Kolli, Group President, AM Group, added, “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 of the State of Uttar Pradesh.”
 
As India’s demand for high-performance computing (HPC) and Artificial Intelligence (AI) workloads surges, this facility will be designed to meet the requirements of global hyperscalers, frontier labs, enterprises and India’s sovereign AI initiatives at scale and in a speedy manner using carbon-free energy, the company said.
 
It further added that AMG AI Labs, with its vision of Democratising AI, is developing an end-to-end value chain from efficient on-demand electrons to intelligent tokens. These intelligent tokens form key inputs for customised models and applications across sectors, including energy, healthcare, sovereign clouds, manufacturing, automotive, media and gaming, amongst others.
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