The 'One More Time' hitmakers are set to play material from their fourth studio album 'Random Access Memories' during the ceremony on January 26 at the Staples Centre in Los Angeles and they're working with the 63-year-old legend on their highly anticipated performance.
According to RollingStone.com, the duo - which includes Guy-Manuel de Homem-Christo and Tomas Bangalter - will also be joined by Pharrell who featured on 'Lose Yourself to Dance' and 'Get Lucky' and Nile Rodgers who co-wrote tracks on the album.
Daft Punk have nominated for four awards which include Album of the Year and Best Dance/Electronica Album for 'Random Access Memories' and Record of the Year and Best Pop Group performance for 'Get Lucky'.
Grammys Executive Producer Ken Ehrlich claims the set - which will be their first televised performance since 2008 when they took to the stage at the Grammy's alongside Kanye West - will be one for fans to look forward to since it's a ''celebratory'' performance and highlights why they've been nominated.
He previously said: ''Details of the performance are still being worked out, but the idea of having the exclusive television performance by this iconic band is something we're very, very excited about.
[It will be] a collaborative and celebratory stage performance that honours their multi-nominated music.''
Corgan took to Instagram to confirm rumours of new Pumpkins material, saying the first songs could arrive as early as May.