AM Group has announced a major investment plan to develop a 1 gigawatt high-performance computing (HPC) and artificial intelligence hub in Greater Noida, following the signing of a memorandum of understanding with Invest UP, the Uttar Pradesh government’s investment promotion agency.

The agreement was exchanged on the sidelines of the World Economic Forum meeting in Davos and represents one of the largest artificial intelligence infrastructure commitments announced in India to date. The proposed project is estimated to involve an investment of around $25 billion and will be implemented in multiple phases.

According to AM Group, the first phase of computing capacity is expected to become operational by 2028, with the full 1 gigawatt facility targeted for completion by 2030. Once developed, the hub will support global AI workloads, serving hyperscalers, large enterprises, frontier AI research laboratories and India’s sovereign AI initiatives.

The facility is designed to house nearly 500,000 high-performance chipsets and operate entirely on round-the-clock carbon-free energy. Power requirements will be met through a mix of wind, solar and pumped storage sources, highlighting the group’s commitment to sustainability and low-carbon infrastructure.

Greater Noida was chosen as the project location due to Uttar Pradesh’s data centre policy framework and the region’s industrial corridors, which provide low-latency connectivity to domestic and international digital markets. The investment is expected to attract substantial foreign direct investment into the state and generate thousands of highly skilled jobs, while also accelerating the development of a broader ecosystem spanning hardware manufacturing, software engineering and advanced cooling technologies.

Promoted by the founders of Greenko Group, AM Group operates across renewable energy, low-carbon fuels, advanced materials and artificial intelligence platforms, positioning itself at the intersection of energy and digital infrastructure.