350 MW capacity targeted by 2028 with full 1 GW by 2030; project combines carbon-free power, data centre infrastructure and high-performance chips under a vertically integrated AI model
AM Group Maps 1 GW AI Compute Footprint in Uttar Pradesh Backed by Integrated Energy Platform
Noida, Uttar Pradesh, February 16, 2026: AM Group has commenced development of a 1 GW High Performance Compute hub in Uttar Pradesh, following the Memorandum of Understanding signed with Invest UP, Government of Uttar Pradesh, in Davos on January 20, 2026.
The project aims to bring 350 MW of compute capacity online by 2028, with the full 1 GW expected to be operational by 2030. The company estimates an investment of approximately $25 billion, alongside deployment of nearly 500,000 high-performance chips.
According to the company, India is currently the second largest AI tokens consumption market. The domestically generated tokens are expected to serve both domestic and global markets for training, inference and advanced AI applications.
He added, “We bring the same conviction to AI. Our goal is to deliver the lowest cost, most efficient AI tokens on the planet, powered by clean energy we own and operate. By integrating the full value chain from power generation through silicon to token delivery, we can optimise across layers in ways that no single segment player can. Uttar Pradesh and India deserve world class AI infrastructure, and with the support of the State Government, we are building it.”
The project is positioned in alignment with India’s Viksit Bharat 2047 vision and is expected to generate high-skilled employment while attracting foreign direct investment into the state.
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