Reliance Industries' AI Revolution: Mukesh Ambani's Vision for India's Tech Future

AI! AI! AI! Mukesh Ambani goes gaga over artificial intelligence - Another 'Jio moment' in the making?

Asia's richest man, Mukesh Ambani, emphasised on Thursday that his oil-to-telecom conglomerate, Reliance Industries, is not in the business of making short-term profit and hoarding wealth. Instead, at this year's AGM, the buzzword was AI. Ambani expressed his enthusiasm for artificial intelligence, highlighting its potential to solve complex human challenges. It appears as if Ambani is aiming for another 'Jio-moment' in India's AI revolution by promising powerful models and services at the most affordable prices. Reliance, he said, has now become a net producer of technology, transforming into a deep tech company. Reliance aims to create world's lowest AI inferencing cost, said Mukesh Ambani. Ambani said the ongoing tech-driven transformation of Reliance will propel the company into a new orbit of hyper-growth and multiply its value for years to come. The strategic adoption of deep tech and advanced manufacturing will propel Reliance to secure a place in the global top-30 league in the near future, Ambani said promising that the future is far brighter than the past. Describing the birth of AI as perhaps the most transformative event in the evolution of the human race, Ambani said it had opened up opportunities to address a number of complex problems facing mankind. Here are some big announcements on AI; Jio is setting the stage for a major leap in AI adoption with its latest initiative, the Jio Brain -- a comprehensive suite of tools and platforms designed to cover the entire AI lifecycle. As explained by Mukesh Ambani, Jio Brain is intended to accelerate AI adoption across the company, enabling faster decision-making, more accurate predictions, and a deeper understanding of customer needs. Beyond Jio, this innovation aims to spur a similar transformation across other Reliance companies, fast-tracking their AI journeys as well. Under the banner of its "AI Everywhere For Everyone" vision, Jio is focused on democratising AI in India by offering powerful models and services at the most affordable prices. To support this, Jio is laying the groundwork for a truly national AI infrastructure, including plans to establish gigawatt-scale AI-ready data centers in Jamnagar, powered entirely by Reliance's green energy -- a testament to their commitment to sustainability and a greener future. By leveraging its extensive experience in infrastructure, networking, operations, software, and data, alongside global collaborations, Jio aims to create the world's lowest AI inferencing cost in India, making AI applications more accessible and affordable than ever. To kickstart this vision, Mukesh Ambani announced the Jio AI-Cloud Welcome Offer. Starting Diwali this year, Jio users will receive up to 100 GB of free cloud storage to securely store and access their digital content, from photos and videos to documents and other data. For those needing more storage, Jio promises the most affordable prices in the market. This initiative ensures that cloud data storage and AI-powered services are available to everyone, everywhere, reflecting Jio's commitment to making AI truly inclusive and accessible.

AI! AI! AI! Mukesh Ambani goes gaga over artificial intelligence - Another 'Jio moment' in the making?

Mukesh Ambani, Asia's richest man, highlighted Reliance Industries' focus on artificial intelligence at this year's AGM. He introduced Jio Brain and emphasised the company's commitment to offering powerful AI models and services at affordable prices. Reliance plans to build national AI infrastructure with gigawatt-scale data centers powered by green energy.

Reliance Knows How to Scale AI in India

A 'Jio moment' in AI was long overdue - and Mukesh Ambani has finally delivered it! At its 47th Annual General Meeting (AGM), Reliance Industries unveiled a series of AI initiatives. Major highlights included the introduction of Jio Brain, Jio AI-Cloud, Jio Phone Call AI, and the vision for a national AI infrastructure. Ambani, the RIL chairman and managing director, emphasised AI's central role in the company's future, showcasing innovations like JioBrain, an AI service platform that will enhance operations across all Reliance enterprises. Jio also introduced an AI-powered feature designed to transcribe, summarise, and translate phone conversations in real time. To support these and other AI-driven initiatives, Reliance announced the establishment of gigawatt-scale AI data centres in Jamnagar, Gujarat, powered by green energy. These centres will be part of a broader plan to create AI inference facilities nationwide, ready to meet India's growing demand for AI capabilities. Reliance Jio's massive user base is one of the most valuable assets in its AI journey. Jio has over 490 million customers, each consuming an average of 30 GB of data monthly. This contributes to Jio carrying a staggering 8% of global data traffic. "Thanks to Jio, India is now the world's largest data market," said Ambani. The immense data pool provides Jio with unparalleled insights and the ability to continuously refine and scale its AI solutions, ensuring they are both effective and widely applicable. Unlike many AI-focused companies such as OpenAI, which primarily cater to B2B markets, Jio is targeting the consumer market with its AI products and services. This is a strategy also adopted by Meta. The company made AI available on all its social media platforms and WhatsApp, taking AI directly to consumers. Leveraging its deep understanding of consumer needs across sectors like healthcare, telecommunications, manufacturing, and customer services, Reliance is tailoring AI solutions that directly impact the working environment of its customers. This B2C approach sets Jio apart from global competitors, positioning it as a leader in consumer-centric AI innovations. With Jio AI, Ambani is bringing AI directly to its 490 million Jio customers. Interestingly, Jio's entry into the AI cloud market is a direct challenge to established players like Google Cloud. As part of its AI strategy, Jio introduced the Jio AI-Cloud Welcome Offer, which provides up to 100 GB of free cloud storage for Jio users starting this Diwali. In contrast, Google Cloud currently offers its basic plan of 100 GB for INR 130 per month, with more extensive plans like 200 GB at INR 210 per month and 2 TB at INR 650 per month. They even offer an AI Premium plan with 2 TB of storage and access to advanced AI models like Gemini Advanced. Jio's free cloud offering is a strong counter to these paid plans, positioning it as a cost-effective alternative in the market. This aggressive pricing strategy is a replica of Jio's launch in the telecom sector, where free services were initially offered to attract a massive user base. When Jio launched its 4G services, it offered free data and calls, which quickly attracted millions of users. This approach helped Jio capture over 100 million mobile subscribers within just 170 days, with data consumption on its network surpassing that of the US and doubling that of China. So, just as Jio revolutionised the telecom industry, Jio Cloud aims to disrupt the cloud market by making AI services more affordable and accessible to the masses. Jio is also targeting the B2B cloud segment with their inference facilities. Earlier in 2023, Reliance Industries Limited announced its partnership with US-based chipmaker NVIDIA to advance AI in India. This would put Jio in direct competition with the likes of AWS, Google Cloud and Microsoft Azure. The collaboration aims to build AI infrastructure in India that they claim will be more powerful than the fastest supercomputer in the country. Further, NVIDIA said that it will provide access to Reliance with GH200 Grace Hopper Superchip and NVIDIA DGX Cloud for exceptional performance. However, Jio is not alone in the market. Earlier this year, Yotta Data Services received the first tranche of 4,000 GPUs from NVIDIA. It further plans to scale up its GPU stable to 32,768 units by the end of 2025. And in 2023, Tata Communications entered into a partnership with NVIDIA to develop a similar hyperscale infrastructure. According to sources, the upcoming NVIDIA India Summit is poised to reveal an expansion of the chipmaker's collaboration with Reliance. Speculation is around the introduction of the Blackwell GPU and the NIM platform, with potential plans for employee training and upskilling in AI. Interestingly, NVIDIA has also recently collaborated with Infosys to bring AI-driven, customer-centric solutions to the telecommunications industry. The question now is, who's the telecom giant set to benefit from this AI revolution?

AI dominates India's Reliance annual general meeting | TechCrunch

Reliance Industries, India's largest company by market capitalization, is not sitting out the AI frenzy that has gripped the tech world. At the company's annual general meeting Thursday, Reliance chairman Mukesh Ambani made over 50 mentions of AI, detailing plans to integrate the technology across Reliance's vast business empire. Reliance announced plans for large-scale AI-ready data centers in Jamnagar, powered by the company's green energy resources. Ambani claimed these facilities would enable lower AI inferencing costs in India, potentially making AI applications more affordable. The company was short on details about the feasibility and timeline for achieving the goal. Reliance's telecom arm, Jio, is developing a "comprehensive" AI suite called "Jio Brain" to accelerate AI adoption across its operations and other Reliance companies. The firm is partnering with Jio Institute to develop an AI program aimed at cultivating next-generation AI talent in India. Ambani also announced Jio AI-Cloud, providing Jio users with up to 100 GB of free cloud storage starting from the festival Diwali in late October this year. This initiative aims to enable widespread access to AI services through a model Reliance calls "Connected Intelligence." Reliance didn't offer an update on the initial public offerings for Jio, India's largest telecom operator, and Reliance Retail, the nation's largest retail chain. Analysts were anticipating that the firm will offer key updates on the future IPOs. "As 5 years ago, RIL chairman had mentioned that they will IPO telco and retail within 5 years, the market is expecting an update on this," Bank of America analysts said.

Mukesh Ambani is aiming to reinvent Reliance Industries with help of...

During a meeting with Uttar Pradesh Chief Minister Yogi Adityanath, Ambani proposed laying a 5G network across the state to provide AI-powered health services in rural areas As a motorcycle mechanic from southern India posed a question in Tamil to an AI bot, it became clear that Reliance Industries was not just dabbling in artificial intelligence; it was leading the charge. The world was about to meet Hanooman AI, India's answer to ChatGPT, created under Mukesh Ambani's ambitious leadership. Last year, Mukesh Ambani's Reliance Industries took a bold step into the future by backing the BharatGPT consortium, which included the Indian Institute of Technology-Bombay and Seetha Mahalakshmi Healthcare. Their joint venture gave birth to Hanooman AI, a homegrown artificial intelligence model designed to cater to India's diverse linguistic and cultural landscape. Launched in May this year, Hanooman AI was previewed at a tech conference in Mumbai, where it demonstrated its capabilities in multiple Indian languages. This innovation is just one facet of Ambani's larger vision to embed AI across Reliance's sprawling empire. During a meeting with Uttar Pradesh Chief Minister Yogi Adityanath, Ambani proposed laying a 5G network across the state to provide AI-powered health services in rural areas. This initiative underscores his ambition to democratise AI for the masses, making advanced technology accessible to every corner of India. At the 47th Annual General Meeting of Reliance Industries, another AI milestone was unveiled: JioPhoneCall AI. This new service offers automatic call recording, transcription, and multilingual translation, all securely stored in Jio Cloud. This technology is a testament to Ambani's relentless pursuit of innovation, ensuring that AI is not just a buzzword but a practical tool integrated into everyday life. Ambani's vision extends beyond just AI products. He aims to transform Reliance into a deep-tech company, embedding cutting-edge technology across all its businesses. With over ₹3,643 crore spent on research in FY24 alone and 2,555 patents filed last year, Reliance is poised to become a global leader in AI innovation. As Ambani continues to push the boundaries, Reliance's future seems destined to be as transformative as its past.

Mukesh Ambani's AI Ambitions and Plans in 2024 and Beyond

Reliance's commitment to AI infrastructure involves an investment of ₹25,000 crore ($3 billion) in developing high-end technologies and building data centers. Indeed, this underlines the commitment of the company to leadership in AI and digital services, placing Reliance at the frontiers of technological innovation. Expanding the AI infrastructure, for example, will ensure easy deployment of JioBrain and other AI solutions to help drive and achieve the company's long-term growth strategy. 1. Changing Health with AI Mukesh Ambani's vision of AI reaches out to the sector of healthcare, whereby with innovation, it tries to introduce major advancements. Ambani spoke of plans at the AGM that use AI in the delivery and management of healthcare. The development of different AI tools will take center stage in improving diagnostic accuracy, smoothing patient care, and supporting medical research. 2. AI-powered Diagnostic Tools It means developing artificial intelligence diagnostic tools that will analyze medical data with high precision. Such technologies are in development to support healthcare professionals in diagnosing a condition more accurately and promptly, making decisions, using complex algorithms along with machine learning, and processing volumes upon volumes of medical information, including images and records of patients. 3. AI strategy in health for Reliance AI strategy in health for Reliance aims to provide better care for patients by constructing personalized treatment plans and real-time monitoring of their condition. AI technologies analyze data related to patients to develop personalized treatment plans, monitor their progress, and predict future health issues. This will help to return the best results for the patients by giving them more personalized and timely care. 4. Medical Research Support Reliance is also investing in AI to support medical research and development. AI can significantly accelerate the processes of research by analyzing a great amount of data to find patterns and possible breakthroughs. In this regard, it must be guaranteed that breakthroughs in the areas of drug development, disease prevention, and general innovation in healthcare are ensured. 5. Impact on the Health Sector Integration of AI into health care can indeed be a transformative shift, improving medical outcomes and operational efficiencies. Reliance wants to be at the forefront of the wave of technology innovation in healthcare, seeking leadership in driving progress and new benchmarks in the industry.