New Delhi, Feb. 16 -- AM Group, the green energy conglomerate led by the Greenko founders, is developing a $25 billion High-Performance Compute (HPC) hub that aims to establish a 1-gigawatt (GW) artificial intelligence (AI) footprint in India, powered fully by renewable energy.

AM AI Labs, an affiliate of the AM Group, on Monday received a letter of intent from the Yamuna Expressway Industrial Development Authority (YEIDA) towards land allocation to set up the first two phases, comprising 150MW and 200MW, respectively, of the cumulative 1GW AI and HPC data centre in Uttar Pradesh.

Last month, the company signed a memorandum of understanding (MoU) with InvestUP, the state government's investment arm, at Davos to set up an AI hub. An anno...