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CNBC TV1820-01-2026, 17:17

AM Group to Invest $25 Billion in Uttar Pradesh for 1-GW AI Hub by 2030

  • AM Group signed an MoU with Invest UP at the World Economic Forum in Davos to build a 1-GW High Performance Compute hub in Greater Noida.
  • The project involves an investment of $25 billion by 2030, with initial capacity operational by 2028.
  • The hub will host 500,000 high-performance chipsets, making it one of India's largest tech infrastructure investments.
  • It will serve global hyperscalers, AI labs, enterprises, and India’s sovereign AI initiatives, running on 24/7 carbon-free power.
  • The project is expected to attract significant foreign direct investment and create thousands of high-skilled jobs.

Why It Matters: AM Group's $25 billion investment in Uttar Pradesh will establish a massive AI compute hub, boosting India's tech infrastructure.

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