Mukesh Ambani: Reliance to Invest 10 Lakh Crore in AI, Create New Jobs

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News18•19-02-2026, 12:24
Mukesh Ambani: Reliance to Invest 10 Lakh Crore in AI, Create New Jobs
- •Reliance Industries Chairman Mukesh Ambani announced a 10 lakh crore rupee investment in AI at the Global AI Impact Summit.
- •Ambani stated that AI will create new job opportunities rather than eliminating existing ones.
- •Reliance plans to partner with global tech companies as co-architects, not just importers of technology.
- •Jio Intelligence will build indigenous compute infrastructure for India, starting with 120 megawatts capacity this year.
- •Ambani emphasized reducing the cost of intelligence, similar to how Jio reduced data costs, to connect India to the intelligence era.
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