Reliance and Jio pledge Rs 10 lakh crore for AI infrastructure
Reliance Industries (RIL) and its digital arm Jio announced a commitment of Rs 10 lakh crore over seven years for investments in AI and data centers. Mukesh Ambani made this announcement at the India AI Impact Summit. This represents a significant investment by a major conglomerate into foundational AI infrastructure.
Key Takeaways
- Reliance Industries and Jio plan to invest Rs 10 lakh crore over seven years.
- Mukesh Ambani made the announcement at the India AI Impact Summit.
- The spending is aimed at AI and data centres, not consumer products.
- The commitment comes from Reliance Industries and its digital arm, Jio.
Why It Matters
This is a large, explicit commitment to the infrastructure behind AI, with the spending directed at AI and data centres over a seven-year window. For streaming and digital services, that points to more foundational compute and storage buildout from a major Indian conglomerate rather than a product launch headline. The key detail to watch is whether Reliance or Jio later breaks out how the Rs 10 lakh crore is allocated between AI and data-centre investments.
Read full article at letsdatascience.com
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