Mukesh Ambani, chairman of Reliance Industries Ltd., on the AI Affect Summit in New Delhi, India, on Thursday
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Bloomberg/PRAKASH SINGH
Billionaire Mukesh Ambani on Thursday introduced ₹10 lakh crore funding by his group as he promised to revolutionise synthetic intelligence, as he did with cell knowledge.
Talking at India AI Affect Summit right here, Ambani mentioned the perfect of AI is but to come and that AI can usher in an period of tremendous abundance.
The world, he mentioned, stands at a fork over AI, one path main to scarce, costly AI & managed knowledge, whereas the opposite ensures inexpensive and accessible AI.
“Jio with Reliance will invest ₹10 lakh cr over the subsequent 7 years beginning this 12 months,” he mentioned. “This isn’t speculative funding. It’s not for chasing valuation. That is affected person, disciplined nation-building capital.”
The largest constraint in AI isn’t shortage of expertise, however excessive price of compute, he mentioned. “Jio Intelligence will construct India’s sovereign compute infrastructure.” This contains gigawatt-scale knowledge centres.
Jio related India to the web period, and it’ll now join it with the intelligence period. “We are going to ship intelligence to each citizen, each sector of the financial system and each side of the social improvement. Jio will achieve this with the identical reliability, scale and excessive affordability that remodeled connectivity.”
Revealed on February 19, 2026
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