One of the major announcements was the establishment of AI-ready data centers in Jamnagar, Gujarat, powered by green energy. Ambani highlighted the potential for reduced AI inferencing costs in India, making AI applications more accessible. However, specific details about the implementation timeline were not provided.
The telecom arm of Reliance, Jio, is developing an extensive AI suite called “Jio Brain” to drive AI adoption within the company and its affiliates. Additionally, a partnership with Jio Institute aims to nurture AI talent in India for future generations.
In response to India’s recent surge in AI development, Reliance plans to offer Jio users up to 100 GB of free cloud storage through the upcoming Jio AI-Cloud service. They also showcased JioPhonecall AI and Jio TvOS, featuring an AI voice assistant.
Despite the AI advancements, updates on the anticipated initial public offerings for Jio and Reliance Retail were conspicuously absent from the presentation. Analysts are eagerly awaiting news on these developments, as Ambani mentioned the potential for Jio and Retail to double their revenue and EBITDA in the next few years.
