AM group signs MoU with UP Govt to set up 1GW AI compute Hub

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 GW high performance compute hub to serve global AI workloads.

The group will set up an AI Infrastructure hub in the Greater Noida in the state 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.