Overview
- Invest UP and AM Group exchanged the MoU at the World Economic Forum in Davos for a roughly $25 billion, 1‑gigawatt AI and high‑performance compute hub in Greater Noida.
- The rollout is planned in phases, with initial capacity slated for 2028 and full 1 GW targeted for 2030.
- The facility is planned to host about 500,000 high‑performance chipsets to serve hyperscalers, frontier labs, enterprises and India’s sovereign AI initiatives.
- Operations are intended to run on 24/7 carbon‑free power sourced from wind, solar and pumped storage.
- Officials project thousands of high‑skilled jobs, significant FDI and a local hardware‑to‑software ecosystem, while the initiative remains at the MoU stage pending detailed agreements and approvals.