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AM Group, UP govt pact to set up AI compute hub
Financial Express Pune
|January 21, 2026
ENERGY TRANSITION PLATFORM AM Group, backed by the founders of Greenko Group, on Tuesday said it has signed a memorandum of understanding (MoU) with Uttar Pradesh government's Invest UP to set up a 1 GWh high performance compute hub to serve global AI workloads.
The group will set up an AI infrastructure hub in Greater Noida with a total investment of $25 billion. This project will be developed in a phased manner with first capacity coming up in 2028 and full 1 GW capacity targeted to come up by 2030.
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