Hyderabad-based AM group commits $25bn for AI infra hub in Noida | India News
HYDERABAD: Energy transition player AM Group (AMG), which is backed by the founders of Greenko Group, plans to set up a 1GW (gigawatt) high-performance AI infrastructure hub in Greater Noida region, with an investment of $25 billion.The high-performance compute hub to cater to global AI workloads will be developed in a phased manner, with the first capacity set to come up in 2028 and the full 1GW capacity expected to come up by 2030. The Hyderabad-based AM Group signed a memorandum of understanding (MoU) with Invest UP of the UP govt at the WEF in Davos for the proposed project.AMG said the project is expected to attract significant foreign direct investment and generate thousands of high-skilled jobs in the region, fostering an ecosystem for hardware manufacturing, software development, and specialised cooling tech. The GW-scale infrastructure will include around 500,000 latest high-performance chipsets and will leverage AMG’s renewable energy for 24/7 carbon-free energy, including wind, solar, and pumped storage. “As India’s demand for high-performance computing and 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,” AMG said.
